Location of affected unit(s):
Sibiu (Sibiu county, Centre region), Timisoara (Timis county, West region)
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Type of Restructuring:
Foreseen End Date:
Planned Job Creation:
The German manufacturer of motor vehicle components Continental announced the creation of 1,400 jobs in 2010 as a result of an investment programme of 70 million euro, mainly for research and development (R&D) activities and the expansion of the production sites in Sibiu and Timisoara. At present the group has 2,600 employees working on R&D activities in Romania. The group expects to employ 9,700 persons in total by the end of 2010.