Marquardt estimates 30m-euro business

German company Marquardt Schaltsysteme SCS, a producer of gearbox components, estimates turnover worth 30 million euros this year, almost 6 times higher than last year, when production began at the Sibiu plant. Company representatives believe that in 2008, when the Sibiu-based plant starts to operate at full capacity, domestic turnover will stand at around 100 million euros. “Our main market is Germany, but in the future, we intend to find new clients in Eastern-Europe. Next year, we will continue to develop our plant in Sibiu, until it reaches the production capacity for which the building was designed,” said Bernd Friedrich, administrator of Marquardt Schaltsysteme SCS. According to him, overall investments in constructions and equipment will stand at around 20 million euros by 2008. The plant has a total surface area of 6,000 square metres. Marquardt Romania will have 350 employees by the end of this year, with the number of employees set to reach 500 by the end of next year. This year, the German company invested around 6 million euros to develop the Sibiu plant. Internationally, the Marquardt group has branches in Tunisia, France, Spain,
Switzerland, India, China and, starting this year, in Romania.