# DRÄXLMAIER Group starts construction of E-mobility component plant in Timișoara

DRÄXLMAIER Group has begun construction of a new 20,000 m² building at its Timișoara plant for producing electronic components and assembling high-voltage battery systems for hybrid and electric vehicles. The first phase investment is EUR 40 million, with total investment planned over EUR 200 million and over 1,000 new jobs.

- Type: Expansion
- Announced: 2022-04-07
- Where: Timișoara, Romania
- Value: $44.0M (40.0M EUR)
- Jobs: 1,000
- Status: under construction
- Capacity: 20,000 m²
- Products: electronic components, high-voltage battery systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [DRÄXLMAIER Group](https://endata.com/companies/35873.md)

## Sources

- [draexlmaier.com](https://www.draexlmaier.com/ro/news/detail/draexlmaier-group-incepe-constructia-fabricii-de-componente-e-mobility-la-timisoara), 2022-04-07: "În următorii câțiva ani, DRÄXLMAIER Group va investi peste 200 de milioane de euro în fabrica din Timișoara."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.