The two will set up a joint venture that will have its headquarters in Timisoara and will focus on the development of electronic products in the field of car lighting.

"Varroc already designs and develops its own electronic equipment and software, adding the vertical integration of the production process will further support our profitable growth. ELBA is recognized as a lighting specialist on the European market and we look forward to a successful partnership with them", said the US company CEO Stephane Vedie.

"The global lighting market faces major changes where electronic integration is essential to meet the current and future needs of the end customer. We are eager to launch the new joint venture", said Bogdan Cocian, head of the Romanian company. (source: tion.ro)