Leverkusen-based TMD Friction set up TMD Friction Romania and bought 67,500 acres near the city of Caransebes, Western Romania where it plans to relocate. The factory will cover 14,400 meters and the total investment will amount to 10 million euro. Another German investment to be re-oriented towards Romania is that of an important toy trains producer company in Germany, Fleischmann which recently announced its relocation plans in the Balkans.
The TMD Friction group is one of the most important global producers of car breaks systems. TMD Friction is expected to create some 1,000 jobs. Company representatives forecasts that in 2009, some 19 million break system components will be produced in Romania to be delivered to the biggest clients in Eastern Europe.
If TMD Friction's relocation did not produce any effects on the German market, things are by far more controversial with Fleischmann which holds factories in Nurnberg and Dinkelsbuhl. However, production facilities in the two German cities do not have much of a future. A German daily reads that some 115 people of a total of 340 will have to leave if Fleischmann representatives decide to relocate, as announced. Leverkusen-based TMD Friction set up TMD Friction Romania and bought 67,500 acres near the city of Caransebes, Western Romania where it plans to relocate. The factory will cover 14,400 meters and the total investment will amount to 10 million euro. Another German investment to be re-oriented towards Romania is that of an important toy trains producer company in Germany, Fleischmann which recently announced its relocation plans in the Balkans.
The TMD Friction group is one of the most important global producers of car breaks systems. TMD Friction is expected to create some 1,000 jobs. Company representatives forecasts that in 2009, some 19 million break system components will be
