Continental

Type
Business expansion
Country
Romania
Region
Location of affected unit(s)
Timisoara (Timi county, West region), Arad (Arad county, West region), Carei (Satu Mare county, North -West region)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22.1 - Manufacture of rubber products
22.11 - Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes
1,350 jobs
Number of planned job creations
Job creation
Announcement Date
18 March 2008
Employment effect (start)
Foreseen end date
31 December 2008

Description

Continental Romania, a tyres producer, announced on 18 March 2008 that it is to create another 1,350 new jobs by the end of 2008 at its plants in Timisoara (Timis county, West region), Arad (Arad county, West region) and Carei (Satu Mare county, North -West region). 200 new jobs out of 1,350 will be created in Timisoara. Continental group currently employs 6,150 in Romania. Following this business expansion the total number of employed in Romania will be 7,500 by the end of 2008. Approximately 500 posts will be for engineers (adding up to the 2,300 engineers currently employed).

Sources

  • 19 March 2008: Ziarul Financiar

Citation

Eurofound (2008), Continental, Business expansion in Romania, factsheet number 66495, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66495.