Contitech Fluid Automotive

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Nord-Vest; Satu Mare
Location of affected unit(s)
Carei
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
300 jobs
Number of planned job creations
Job creation
Announcement Date
23 September 2011
Employment effect (start)
Foreseen end date
1 July 2012

Description

The German group Continental, manufacturer of vehicle components, announced the intention to create 300 new jobs in the first half of 2012 at Contitech Fluid Automotive Carei (Satu Mare county, North-West region), as result of an investment of 15.7 million euros for production capacity expansion. At the end of 2010 the company has 754 empoloyees.

Sources

  • 26 September 2011: Ziarul Financiar

Citation

Eurofound (2011), Contitech Fluid Automotive, Business expansion in Romania, factsheet number 72422, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72422.