In 2022, the company had a turnover of EUR57.4 million (RON282.9 million), a net loss of EUR1.6 million (RON8.1 million) and an average number of 811 employees, as per data on finance ministry website.
Faist Mekatronic is one of the largest companies in Bihor, a county where mostly automotive and footwear companies operate. The company makes aluminum cast parts in Oradea to be used in telecom infrastructure projects for Ericsson, Nokia and Kathrein, while its automotive customers include Mahle, Borg Warner, Hella, Kongsberg, Brose, Eaton, Wabco, Schaeffler and the Magna group, Faist officials have previously said.