Also, Star Assembly ended 2022 with a net profit of RON358.3 million (EUR72.6 million), up nearly 10% from a net profit of RON326 million (EUR66.2 million) reported for 2021, in line with publicly available data.
The local division of Mercedes-Benz AG had an average number of 1,774 employees in 2022, 83 more than in 2021. Mercedes-Benz AG also owns in Alba County the Star Transmission subsidiary headquartered in the locality of Cugir. Star Transmission had a turnover of RON391 millioni (EUR79.3 million) in 2022, a net profit of RON18 million (EUR3.6 million) and an average number of 1,038 employees, as per finance ministry data.