American auto parts producer closes factory in Northern Romania

23 April 2018

US auto parts producer TRW Automotive will close its wheel factory in Baia Mare, Nothern Romania.

The factory’s 200 employees will remain unemployed, according to the local labor authority, local Profit.ro reported.

The factory opened five years ago and produced steering wheels for Ford, Volkswagen and Fiat, among others. The group had to close the factory after losing some export contracts, according to the local authorities.

TRW has been operating in Romania for 14 years and also owns factories in Marghita (Bihor county), Oravita (Caras-Severin county) and Lupeni (Hunedoara county), where it also produces airbags. The company’s business in Romania totaled over EUR 260 million and the number of employees amounted to almost 3,000 in 2016.

TRW is part of German group ZF Friedrichshafen, which also has two factories in Romania, in Timisoara and Roman.

editor@romania-insider.com

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American auto parts producer closes factory in Northern Romania

23 April 2018

US auto parts producer TRW Automotive will close its wheel factory in Baia Mare, Nothern Romania.

The factory’s 200 employees will remain unemployed, according to the local labor authority, local Profit.ro reported.

The factory opened five years ago and produced steering wheels for Ford, Volkswagen and Fiat, among others. The group had to close the factory after losing some export contracts, according to the local authorities.

TRW has been operating in Romania for 14 years and also owns factories in Marghita (Bihor county), Oravita (Caras-Severin county) and Lupeni (Hunedoara county), where it also produces airbags. The company’s business in Romania totaled over EUR 260 million and the number of employees amounted to almost 3,000 in 2016.

TRW is part of German group ZF Friedrichshafen, which also has two factories in Romania, in Timisoara and Roman.

editor@romania-insider.com

Normal
 

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