“With the new testing center we are laying the groundwork for the continuous development of Brasov as an R&D location for Schaeffler Automotive,” said Peter Pleus, CEO Schaeffler Automotive.
Schaeffler Romania’s R&D department started in 2004 with a team of ten engineers in Cristian, near Brasov. The department developed to reach a team of 90 engineers in 2012.
Schaeffler’s factory in Romania is one of the German group’s largest investments in production facilities, exceeding EUR500 million in its 14 years of activity. The factory delivers parts to large producers in the automotive industry and the wind power sector.
Schaeffler Romania had a turnover of RON1.98 billion (EUR433.5 million) in 2017, up 10% on the year, and a net profit of RON58.2 million (EUR12.7 million), up 21% on the year, according to finance ministry data. The company’s average number of employees stood at 4,366 last year.