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TRW AUTOMOTIVE TO CLOSE STEERING WHEEL FACTORY IN ROMANIA
G
erman-based car parts supplier TRW Automotive will close its steering wheel factory in Baia Mare, in northern Romania.
The closure will lead to the loss of some 194 jobs, according to the director of the Maramures County Employment Agency. The factory opened five years ago and produced steering wheels for Ford, Volkswagen and Fiat, among others. The group had to close the factory after losing some export contracts, according to the local authorities. TRW has been operating in Romania for 14 years and also owns factories in Marghita (Bihor county), Oravita (CarasSeverin county) and Lupeni (Hunedoara county), where it also produces airbags. The company’s business in Romania totalled over 260 million Euro and the number of employees amounted to almost 3,000 in 2017. TRW Automotive is a provider of automotive safety solutions, producing active and passive safety technologies. It develops and produces driver assist systems, foundation brakes, inflatable restraints, seat belt technologies and the electronics and software advancements for vehicle safety. TRW is part of German group ZF Friedrichshafen, which also has two factories in Romania, in Timisoara and Roman. 
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