Continental Automotive Romania

Type
Business expansion
Country
Romania
Region
Macroregiunea Unu; Centru; Braşov
Location of affected unit(s)
Ghimbav
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
550 jobs
Number of planned job creations
Job creation
Announcement Date
2 August 2012
Employment effect (start)
Foreseen end date
1 April 2013

Description

The Romanian division of Continental Automotive, manufacturer of vehicle components, announced plans to hire 550 employees by April 2013. The job creation is the result of an investment in a new factory located at Ghimbav, near Brasov.

At present the Continental group employs 10,500 people across Romania in seven production units and three research and development centres.

Sources

  • 3 August 2012: Ziarul Financiar

Citation

Eurofound (2012), Continental Automotive Romania, Business expansion in Romania, factsheet number 73964, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73964.