Criză la unul dintre simbolurile industriale ale „modelului Oradea”: FAIST Mekatronic intră în concordat preventiv, cu aproape 700 de locuri de muncă sub presiune

FAIST Mekatronic, a major industrial employer in Oradea, has entered preventive concordat due to financial losses and significant debts. The Bihor Tribunal initiated the procedure at the company's request, appointing a restructuring consortium. The company attributes its difficulties to the declining European automotive market and rising production costs. Despite ongoing operations, FAIST faces challenges in negotiating a credible recovery plan with creditors. The company reported a net loss of 24.6 million lei in 2024, with debts exceeding 240 million lei. The future of nearly 700 employees remains uncertain as the company seeks to stabilize its operations.