thyssenkrupp invests in a new damper plant in Romania
thyssenkrupp AG, a German multinational conglomerate with focus on industrial engineering and steel production, opened a new plant for automotive components in the Romanian city of Sibiu.
The plant will produce dampers for the company’s customers, with important names such as Daimler, Jaguar Land Rover and Porsche included. Total build costs for the new building rose to 60 million EUR.
The new plant is actually an extension to the existing site, considering the company has been producing dampers in Sibiu since 1996.
The dampers built by thyssenkrupp AG respond proactively to counter the forces acting on the chassis, while also providing a smooth and comfortable driving experience. The company produces both components and complete damper systems.
Regarding the operations taking place in Sibiu, the CEO of thyssenkrupp, Dr. Karsten Kroos said: ‘This is an investment not only in the targeted expansion of our European production network but also in newly obtained customer projects and new technologies. In Sibiu we will manufacture dampers to the highest technical standards for installation in our customers’ premium models. At the same time we are in the process of industrializing an entirely new generation of dampers for highly automated intelligent chassis systems’.
The extension to the original plant area managed to generate more than 350 jobs, adding to the existing 1.000 people already employed.