Alcoa Fujikura SRL, a producer of electrical cables for the automotive industry, in the first six months of this year posted turnover worth 9.2 million euros (32.3 million RON), up 18% compared with the similar period of last year.
"The investments we've made in recent years in order to boost production capacity are the main factor that generated the positive trend of financial indicators. The opening of the centre of Beius, Bihor county, also influenced the turnover trend," Adriana Lenardt, communications and human resources manager with Alcoa Fujikura, told ZF Transilvania. Alcoa Fujikura representatives expect this year's turnover to reach 19.9 million euros, if the trend in the first half of the year maintains.
Alcoa Fujikura in early May opened its third production centre in Romania, in Beius, Bihor county. According to the company's representatives, initial investments in the new plant amounted to some 300,000 euros, but the plant is going to be developed during the entire 2006, with the company's officials putting total investments at as much as 800,000 euros.
Alcoa Fujikura did not make a greenfield investment in Bihor county, choosing to rent an already existing facility instead.
"The new plant has a total area of 3,600 square metres, and production started in May 2006. We started operating with 76 workers, but the number of workers will get to around 400 by yearend," Lenardt also stated.
The products to be manufactured in the new plant will be transferred both to the company's other Romanian plants and to plants of the group, located in the Czech Republic, Portugal or Hungary.
The company owns two facilities in Romania, in Nadab (Arad county) and Caransebes (Caras-Severin county) and last year invested around 1.4 million euros to increase the production capacity of the two facilities.
The entire production of the two plants of the group is shipped to foreign markets. Beside electrical cable production, the Alcoa group also brought to Romania the aluminium profile unit. The new plant is located in Chisineu-Cris and took total investments worth over 17 million euros, finalised this May.
In Europe, the group has over 20,000 employees in 100 production facilities in 16 countries.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
