FDI stock - VP Connections
FDI in Romania: Stock by region
December 11, 2017
Show all

The Foreign Investor of the Month: Takata

Takata - VP Connections

Japanese group Takata, which has two factories in Arad county, will hire over 380 staff. The factories produce steering wheels and seat belts.

The Japanese group, which triggered the biggest auto recall in the industry due to malfunctioning air bags, will be acquired by US company Key Safety Systems for USD 1.58 billion, according to Business Review.

Also this month, Takata announced it had 300 vacancies at its Sibiu factory, the group’s third in Romania. The Japanese group currently employs over 4,000 staff.

Leave a Reply

Your email address will not be published. Required fields are marked *