COMPA SA, a prestigious brand of Romanian industry, has earned a reputation over the years for the quality and diversity of its products, auto and railway parts, technological equipment, springs and auto trailers.
Formed by the merger of two companies: Automecanica Plant Sibiu and Elastic Plant Sibiu,, Compa is one of the most powerful economic units in automotive parts manufacturing in the country and continues the tradition harmoniously combining its vast experience with new advances in technology and management.
The first of the two businesses – Automecanica Plant comes from Sibiu Artillery Arsenal whose development is due to the overlap with the historical development of the city of Sibiu.
A second plant – Elastic Plant has deep roots in craft tradition of the city and functioned in nineteenth century as a forge, which later developed into a car body shop and later into a springs and forged products factory.
A milestone in the company’s development is the year 1969 when from the unification of the two factories a new economic entity, Intreprinderea de Piese Auto Sibiu“ (IPAS). (IPAS).
Starting with the year 1970 as a result of contracting “MAN” license for trucks and buses, “Intreprinderea de Piese Auto Sibiu” entered into a national development program and started a very diversified production of automotive components under various licenses: shock absorbers, brake components, cabin parts, driver shafts, steering boxes, springs, becoming the main supplier of components for Romanian automotive industry.
In 1991 the company becomes a private entity under the name of SC COMPA SA.
COMPA and the German concern Krupp managed the establishment of two joint ventures KRUPP BILSTEIN COMPA (1996) – for the development, production and marketing of shock absorbers for cars KRUPP COMPA ARCURI (1998) present Frauenthal Automotive Sibiu- for the production and marketing of suspension springs for trucks.
Other baseline data:
1999 COMPA S. A. SIBIU: is fully privatized
2000 has a new legal entity COMPA IT (Spin – Off) – IT services
2001 a new joint venture ENERCOMPA – production of electricity
2002 TRANSCAS (Spin – Off) – nternal and international transport
2005 opening of the Training Center for CNC machines and manufacturing technologies