As a result of the transaction, the factory will operate under the name of Voestalpine Rotec Coating SRL and will have about 160 employees. This factory deals with the painting of metals by cataphoresis. Barum Technik remains on the market with other activities.

Barum Technik last year had a turnover of 21.3 million lei, a slight decrease compared to 2015 and a profit of 3 million lei, still decreasing.

The companies Voestalpine Rotec GmbH and Barum Technik have already cooperated in the past eight years for finishing certain elements of the seat belt. In this period over 220 million products have been finalized.

With this takeover and a new investment inaugurated in Mexico, Voestalpine Rotec group will coordinate nine companies with 1,500 employees and 12 factories. (source: zf.ro)