10m-euro investment in electronic parts

Hella Electronics Romania, a member of the Germany-based Hella KGAA Hueck & Co Group has started a 10 million-euro investment in Timisoara, aimed at building an electronic component factory for the automotive industry. The company officials say that the new production facility will be built in a relatively short space of time, before March next year. They added that production was scheduled to commence two months from that date, with the factory manufacturing electronic components and systems for cars (xenon switches, brake pedals etc.). The new facility will have a usable surface area of 8,200 square metres, 4,800 square metres of which will be used for manufacturing operations. The German company will hire about 200 workers next year, and then double the number of employees after the new faculty”s first year of operation. They say that once Romania joins the EU, the number of workers could increase to as many as 600. ZF