TRW Automotive Safety Systems, a producer of steering wheels and safety systems for Volkswagen, BMW and Mercedes, will expand its production capacities in Romania this year, following investments worth around 4.6 million euros. The company, a subsidiary of the American group TRW Automotive, opened its first production facility outside Timis county last year, in Oravita, Caras-Severin county. "Currently, the plant in Oravita has a 1,000 square-metre surface area, and employs 155 people. Our intention is to open another two facilities this year, so we are examining several potential locations in the Western part of Romania," Elena Sere, financial manager of TRW Automotive Safety Systems told ZF Transilvania. According to the company management, the expansion of the production facilities is part of the Romanian subsidiary's development strategy, with the new production facilities to act as satellites to the plant in Timis county. The new facilities will be developed in rented locations, with representatives of TRW Automotive Safety Systems budgeting investments worth over 4.6 million euros (6 million dollars) for expansion purposes.
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