The car parts manufacturer Bos Automotive Products Romania estimates it will derive a turnover worth 57.4 million euros this year, up approximately 20% compared with last year.
The Romania-based branch of the German company BOS GMBH&Co. KG reported a turnover worth 48 million euros in 2006, which was derived from its active production. The company's turnover increased 35% year-on-year.
"The estimates for 2007 are based on the transfer of specific products from other locations and also on the increasing demand for the products manufactured by BOS, as well as on the acquisition of new manufacturing projects for new types of vehicles that will also be equipped with the products we provide," said Milenco Sava Manzat, general manager of Bos Automotive Products Romania.
The relocation of production operations is common among the companies operating in the automotive industry, which transfer the manufacture of the products with a lower added value to emerging countries where they set up production facilities. According to the data provided by the company, Bos Automotive aims to transfer some products that are currently manufactured in the United Kingdom. The company is now making manual and electric sunshades, separation nets and luggage covers at a factory located in Arad. The bulk of the output is exported to Western Europe and Turkey to clients such as Audi, BMW, DaimlerChrysler, Renault, Opel and Peugeot.
The turnover derived by BOS GMBH from its global production of sunshades and separation nets for the automotive industry topped 400 million euros.
According to estimates, on the domestic market, sales to Dacia account for around 1% of the company's turnover, with the demand from the Pitesti-based carmaker amounting to 500,000 euros for 2007. Company's representatives say the number of employees will rise from 590 to 630 people this ye
