In the first half of 2016 compared to H1 2015, the new orders in Romanian manufacturing increased by 7% while the turnover in industry increased by 4.3% and the Romanian industrial production increased by 1.3%.
Auto components manufacturer Compa Sibiu ended last year an investment program of 25 mil. Euro, which allows an annual increase of 15% in the company's production capacity. This year, Compa will continue the development program of the Sibiu plant, completing an investment of 10-15 mil. EUR, depending on market developments. The main customers of Compa Sibiu are Delphi, Bosch and Honeywell.
In 2015, the company reported total revenues of about 109 mil. EUR, up 14% from the previous year and a net profit of over 6 mil. EUR.
Cluj County Council will finalize shortly the modernization and expansion project of 16.8 ha of the Tetarom I industrial park in Cluj-Napoca (Central Romania) with an investment of nearly 10 mil. EUR, of which 50% European funds. At present, in the industrial park Tetarom I operate companies such as EnergoBit, Banca Transilvania, RCC Consult, EGH Import Export, Agressione Expres Impex, Siemens and CBC Development Design, total investments by these companies amounted to over 60 million EUR so far.
The production of white goods and domestic appliances in Romania doubled in the period 2009-2015, and if the trend continues, the market could break this year for the first time the 1 bln. EUR level.
Advance this year would be given, on the one hand, by the positive evolution of existing plants and opening of a new factory on the other hand. Thus, Germans from Kärcher are due to open a new plant in Curtea de Arges, where they will produce household and industrial hoovers.
Romania already has five largest producers of domestic appliances - Arctic, Electrolux, Philips, De'Longhi and Electroargeş - but also some producers of components. Production of appliances in Romania almost doubled from 2009 thanks to new investments and expansion of existing factories. Thus, the local market is taking shape more like a European hub given that the geographical position is favorable, the cost of labor is still much lower than in the West, and the staff is well prepared.
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish group Autoliv, will relocate its factory in Resita in a new building located in the industrial park "Valley Industrial Area Terovei "owned Resita Local Council. Autoliv currently has 750 employees in Resita, and the company's plans are to reach the next period to 1,000 employees in this new factory.
Miele Tecnica, the Brasov components factory of the luxury appliance manufacturer Miele, is becoming one of the important exporters in Romania. All production of subassemblies in Brasov leave, according to the latest information of ZF, to other markets or to other factories of the German group. According to company sources, the Romanian branch registers one of the highest dynamics among all the Miele branches worldwide.
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