Magnetto Wheels - Romania SA, Drăgăşani

The Magnetto Group belongs nowadays to the most important European industrial groups. It plays a leading role in the wheels production and in body part market. It is one of the Italian leaders in the distribution of flat rolled steel products and in steel services. A development attitude is deeply rooted within the Group and it has recently led to the creation of a new "Construction" division. The group is present in three different continents with more than 30 production sites with a consolidated turnover of 1, 6 billion Euros and about 7000 employees. The history of Gruppo Magnetto dates back to 1948 when Mario Magnetti established MAFEM, in the business of collecting and working sheet metal. Two contributing factors economic recovery and its geographical location mainly influenced the company's growth. Furthermore, its primary activity selling ferrous materials was later abandoned and replaced with service centres to trade and work coils.