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GST Safety Textiles Ro Nears EUR100M Turnover in 2022

Airbag manufacturer GST Safety Textiles Ro, the local subsidiary of Germany concern Global Safety Textiles, acquired in 20211 by South Korea’s Hyosung group, for 2022 reported turnover worth around RON492.8 million (EUR99.9 million), up 17% from 2021, in line with ZF calculations based on Finance Ministry data.

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