has been growing by 18% year-on-year average since 2009 and is forecasted to exceed EUR 20 bn by 2020. It is the 4th biggest automotive manufacturer in the CEE.
In the last decade more than 600 OEMs for automotive supplies opened plants in Romania following the investments of 2 big automotive manufacturers at Craiova and Mioveni.
Production of vehicles almost doubled between 2005 and 2015 with automotive production peaking in 2013 with almost 411.000 vehicles.
Production in 2015 was bigger by 192.300 vehicles compared with the end of 2005. The OEM sector has grown alongside automobile production, accounting for growing demand.
in the past few years, the local components market has developed considerably, driven by both local and external demand. What is more, components produced in Romania are of a wide variety, with 600-800 original equipment manufacturers.
As such, it is no surprise to see the component export grow even during crisis years.
Horizontal Sectors Developed As a Result Of the Evolution Of Automobile Production
|CABLES AND CONDUCTORS||Valeo,Sumitomo,Lear Corporation,Draximaier,Delphi,Yazaki|
|ALUMINIUM AND METAL MANIPULATION||Kirchhoff, Bamsesa, GC|
|RUBBER TECHNICAL COMPONENTS||Ronera Rubber, Contitech|
|BEARINGS AND TRANSMISSION COMPONENTS||Schaeffler, NTN, SNR|
|ELECTRONICS/MECHATRONIC EQUIPMENT||Marquardt, Bosch, Kuhnke, Continental, Delphi|
|OPTICAL DEVICES||Elba, Hella, Valeo|
|RECYCLING||Rombat, Caranda, Romcarbon|