Thagora Technology, which started operating in late 2020, posted turnover of RON4.4 million and net profit of RON4 million, in the last two months of the year.
Thagora currently has around 30 employees developing software and hardware equipment.
Lear Corporation, with global sales of above $19.3 billion in 2021, has had plants in Romania for many years.
Lear Corporation Romania produces electrical distribution systems for cars in Campulung and Pitesti and car seats in Letcani industrial park, for Europe’s all the major car makers.
By taking over Thagora from Lear, Iasi registered one of the most important deals of the past year.
(English version by Catalina Apostoiu)