bizbrasov.ro/2026/11/10/restructurari-fabrica-ghim

Harsha Engineers is restructuring its Ghimbav factory to halt operational losses after five consecutive years of deficits. The strategy aims to reduce costs and is expected to be implemented by March 2027. CEO Vishal Rangwala believes this model will stabilize operations in Romania, although it's too early to predict its impact on net profits. The company plans to continue selling bearing cages produced in Ghimbav, but details on the extent of the reorganization remain unclear. Harsha Engineers, founded in 1986, employs over 3,200 people globally and is a leading manufacturer in its sector.