France based car parts manufacturer – Faurecia opens new plant in Romania with €8Mn ($8.48Mn) investment. The latest investment is its fifth plant in Romania.
The new factory is expected to produce components for board panels, door panels and the central console in 14,000 sq. meter area.
Faurecia is automotive parts manufacturer. It designs and manufactures seats, exhaust systems, interior systems (dashboards, center consoles, door panels, acoustic modules) and decorative aspects of a vehicle (aluminum, wood). Faurecia’s customers include the Volkswagen group, PSA Peugeot Citroën, Renault-Nissan, Ford, General Motors, BMW, Daimler, Fiat/Chrysler, Toyota and Hyundai-Kia among others.
Faurecia was founded in 1997 and is headquartered in Nanterre, France.
Source: – Business Review (EU)