Magnetec is a world-renowned company specializing in the production of inductive chokes for the machine-building, renewable energy, electrical engineering and automotive industries. Magnetec’s customers include companies such as Siemens, Aptiv, Bosch, as well as automotive customers such as Tesla, Volkswagen, Daimler and Ford.
With more than 700 employees, Magnetec- Gesellschaft für Magnettechnologie mbH has locations in China, Hungary, Germany and more recently – in the Republic of Moldova.
In the Republic of Moldova the company has created over 150 new jobs, with an average salary of about 10 000 MDL/month, and is planning to invest about 5 million USD.