Continental Automotive Romania

Type
Business expansion
Country
Romania
Region
Macroregiunea Patru; Vest; Timiş
Location of affected unit(s)
Timisoara
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
5 October 2011
Employment effect (start)
Foreseen end date
31 December 2011

Description

Continental Automotive Romania announced to hire 300 people for its rubber tires company located at Timisoara until 2012. This is a result of an investment of 40 million euros. At present the Timisoara unit employs approximately 1,600 employees.

Sources

  • 6 October 2011: Ziarul Financiar

Citation

Eurofound (2011), Continental Automotive Romania, Business expansion in Romania, factsheet number 72659, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72659.