Profitable business for sale in automotive industry
Selling price: 800.000 EURO
Annual turnover: 1.356.075 EURO
Real Estate Value 0 EURO
Operating profit (EBITDA) 119.536 EURO
County / City: România
Short descriptionThe story began in 2004 in Italy, where there was much talk of globalization and the fact that multinationals wanting to reduce costs will move their production to China, and those that remain will have to close because they could not cope with the low price. By weighing the pros and cons the decision was made that it is much more advantageous to move production to Eastern Europe where labor and taxes had a lower cost. The winning idea was that as a producer in Eastern Europe can offer the same services, the same guarantees and the same quality as any Western producer, but at the cost of an Asian manufacturer.
Products and ServicesThe business is mainly focused on the production of small plastic parts for cars, both for the engine compartment and for the interior. The quality materials as well as the high precision processing have brought beneficiaries from all over the world, but especially from Europe.
OperationsThe loyalty program of the staff thought from the beginning showed its fruits. As a result of this program, there are currently staff employed since the beginning of the business.
Tangible and intangible assetsThe company has high-performance machines and qualified staff.
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