Autoliv, the producer of safety systems in the automotive industry, plans to expand its research and development activities in Romania, and will open a new engineering center in Iasi city, eastern Romania.
The company said it chose Iasi because of the number of engineers in the city that are specialized in the IT and automotive sectors.
At present, Autoliv employs over 450 people at its R&D center in Timisoara. In Iasi, the company will focus on the development of new software solutions.
“We estimate that in the next three years, we will have 200 engineers in Iasi,” said Ionel Fierbinteanu, country manager Autoliv Romania.
The company has plants in Brasov, Lugoj, Sfantu Gheorghe, Resita and Onesti. Autoliv’s engineering centers are located in Brasov and Timisoara.
In 2015, Autoliv was the eight biggest exporter in Romania, according to the National Statistics Institute (INS).
The company has close to 11,000 employees in Romania.