Continental’s Romanian unit stated it has invested EUR150m (US$178m) in 2020 and deliberate to take a position the same quantity this 12 months.
Among the many most essential investments final 12 months had been a brand new workplace constructing for the analysis and improvement centre in Timisoara and the completion of the enlargement of the workplace constructing in Iasi, Continental Romania stated in a press release cited by romania-insider.com.
In 2020, Continental additionally put in a brand new trigeneration system on the digital parts manufacturing facility in Timisoara and upgraded gear at its tyre manufacturing facility in Timisoara, engineering centre and digital parts manufacturing facility in Sibiu, in addition to at its ContiTech factories in Carei, Nadab and Timisoara.
On the finish of 2020, Continental employed over 20,100 in its engineering centres and manufacturing services in Romania working in worldwide groups on connectivity, autonomous driving and electromobility, through the use of strategies resembling synthetic intelligence and massive knowledge, the corporate added.
All 5 Continental divisions are represented in Romania. Continental has seven manufacturing items and 4 engineering centres in Timisoara, Sibiu, Carei, Nadab, Brasov and Iasi. Continental is a companion in two joint ventures in Iasi and Slatina and has a tyre distribution centre in Bucharest.
