Business expansion
Vest; Arad;
Location of affected unit(s)
Free Trade Zone Curtici-Arad, Arad County, West Region
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

880 jobs
Number of planned job creations
Job creation
Announcement Date
27 November 2006
Employment effect (start)
Foreseen end date
1 January 2008


In November 2006, Coindu Romania, a producer of parts for the automotive industry, carried out an investment of 25 million EUR in a factory located in the Curtici-Arad Free Trade Zone. As a result, the company hired about 800 people by July 2007. 'We have 320 employees at the moment, but we hope the number will increase to 700 by the end of 2007. By the end of 2008, when the full capacity is expected to be reached, we estimate to have over 1,200 employees', stated general director of Coindu Romania, Jose Carlos de Barros e Sensa, in November 2006. The estimated turnover of the company in 2006 was 5 million EUR. On 17 July 2007, representatives of the company estimate that the firm will double its turnover within the next three years from 7.5 million EUR in 2007 to 18 million EUR in 2010. Also, according to the general manager of Coindu Romania, the number of employees will reach 1,200 by the begining of 2008.


  • 18 July 2007: Ziarul Financiar (www.zf.ro)
  • 28 November 2006: Ziarul Financiar (www.zf.ro)


Eurofound (2006), Coindu Romania, Business expansion in Romania, factsheet number 64531, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64531.