Star Transmission, the subsidiary of German concern Daimler, will complete this year the new gearbox assembly plant of next generation in Sebes (Alba county) and production will begin in the spring of 2016, zf.ro informs.
The investment amounts to EUR 300 million and will be created over 500 jobs.
The new production facility is completed up to 95 percent, and this autumn will be carried out the first production tests, according to Bernd Krottmayer, General Manager of Star Transmission.
According to him, Mercedes-Benz’ new 9-speed 9G-TRONIC is the first rear-wheel drive nine-speed automatic transmission with torque converter and is designed for premium vehicles.
Following the investment at Sebes, Star Transmission will amount over 2.000 employees at Sebes and Cugir. In 2014, Star Transmission achieved a turnover of EUR 57 million, up by 57 percent compared to EUR 37 million achieved in 2013. In 2014, the company profit reached EUR 3.2 million.
Star Transmission was established in 2001 and has over 1,000 employees at its production facilities in Cugir and Sebes, where it produces components for engines and gearboxes for Mercedes-Benz, both for current and older models, supporting the availability of spare parts.