by Autocar Pro News Desk , 22 Sep 2018
The Varroc Group's wholly owned subsidiary Varroc Holding of the Netherlands has signed a joint venture agreement of Elba, a privately owned lighting and electronics company in Romania.
Given the constantly increasing electronics content in automotive lighting products, the JV will will focus on electronics manufacturing, and will significantly support Varroc Lighting’s successful growth in Europe.
The JV will be located in Timisoara, Romania. As per the terms of the JV agreement, Varroc and Elba will contribute 70 percent and 30 percent respectively towards the JV.
Video: Interview with Varroc Engineering's Tarang Jain
Bharat Forge Q4FY22 profit up on new orders, FY23 seen stronger
by Autocar Pro News Desk , 16 May 2022
EVR Motors partners with Badve Group for making EV motors in India
by Autocar Pro News Desk , 13 May 2022
Ramkrishna Forgings bags multi-year export order from US firm
by Autocar Pro News Desk , 10 May 2022