Romcab closes EUR 27 million contract with Delphi Packard

Local manufacturer of cables and electrical conductors Romcab Targu Mures has closed a EUR 27 million contract with US car parts manufacturer Delphi Packard. The contract is set to last one year, starting May 2011. It represents over half of the turnover Romcab was planning for in 2011.

Romcab has a 20 percent market share on the cable production segment, and had a EUR 12 million turnover last year. Among its final clients are Aprilia, Ducatti, Suzuki, Piaggio, Renault, Fiat,Opel, Valeo.