Top 15 car part producers see higher sales, but lower profits
According to a survey conducted by daily Ziarul Financiar, the top 15 companies that operate in the car part industry derived a cumulated net income worth 11 million euros last year, down from 39 million euros, the level reported in 2006.
Two of the major investors in the domestic car part industry are Continental and Michelin, which hold the top 2 positions in the car part producers’ ranking depending on turnover.
“They have seen major developments in the past two years and many plan to boost their
businesses in the following years, as well. However, we don’t hold data about all the companies,” said Barbuletiu.