The strongest increase was registered on the segment of car part producers, whose revenue soared from EUR5.4 billion in 2009 to almost EUR13 billion in 2014.
Constantin Stroe, ACAROM president, says that by 2020 car part output will reach EUR20 billion. At present, the 600 producers present in Romania have over 200,000 employees and overall revenue of EUR12.5 billion.
Germany’s Continental, with revenue of EUR1.8 billion in Romania, is the biggest player in the car part industry, with 14,000 employees. A ZF survey reveals that out of Romania’s 100 largest exporters, 39 come from the automotive field.
The revenue of Romania’s two carmakers, Automobile Dacia (Mioveni) and Ford (Craiova), climbed from EUR2.6 billion in 2009 to EUR5.4 billion last year, with the increase strongly supported in recent years by Dacia plant, as well by the start of B-Max production in Craiova. Dacia and Ford rank first and third among Romania’s largest exporters.
In the first six months of 2014, Automobile Dacia saw revenue rise by 1.67% to RON9.805 billion (EUR2.2 billion) from RON9.643 billion (EUR2.1 billion), so that Dacia is likely to hit a new high in 2014 with a business worth above EUR4.2 billion, according with ZF calculations.
Against 2005, the first entire year of Logan production, the industry’s revenue rose almost five times, with the value of that year reaching EUR3.8 billion, of which Dacia accounted for EUR1.2 billion, namely 32%, while at present Dacia weighs around 25%.
In 2006, Stroe forecast revenue of between EUR9 and 12 billion for 2010, as car parts producers carried out investments of around EUR500 million annually.
2014’s largest car industry investment was started by Daimler group in Sebes, where the German company embarked upon a EUR300 million project in a new gearbox plant.
According with market data, Star Transmission’s revenue rose almost 50% in 2014, with growth of above 10% being expected for 2015.
In 2013, the car field’s revenue advanced by 20% on the year. Overall, the car industry accounts for 11% in GDP and 24% in exports at the level of 2013.
(English version by Catalina Apostoiu)