The company returned to profit in 2024, with a net gain of RON18.6 million (EUR3.7 million), from net losses of RON12.7 million (EUR2.5 million) in 2023. It reached an average number of 643 employees, 23 fewer than in 2023.
The company owns a plant in Caransebes, Caras-Severin County, where it manufactures brake pads, built in 2007, following a EUR10 million investment.
The company supplies brake pads to major car manufacturers such as BMW, Mercedes, Toyota, Porche, VAG and others. TMD Friction is part of Japan’s Nisshinbo Group and includes the Textar, Mintex, Don, Pagid, Nisshinbo, Cobreq and Bendix brands.
(English version by Catalina Apostoiu)