EMCC European Monitoring Centre on Change

Continental Romania

Company/Organisation:

Continental Romania

Geographic Location

Country: Romania

Location of affected unit(s): Timisoara, Sibiu, Iasi, Brasov, Carei and Nadab

Company

Sector: Manufacturing

Manufacture of rubber and plastics products, and other non-metallic mineral products

22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres

Number Employed: 16500

Group: Continental

Employment Effects

Announcement Date: 28-03-2016

Type of Restructuring: Business expansion

Employment Effect Start: 28-03-2016

Foreseen End Date: 31-12-2016

Planned Job Creation: 1000

Additional Information

German automotive parts producer Continental plans to create 1,000 new jobs in Romania by the end of this year. The new jobs will be created at Continental R&D centres (Timisoara, Sibiu, Iasi and Brasov) and production units (Brasov, Sibiu, Timisoara, Carei and Nadab) across the country. The open positions are for university graduates as well as experienced automotive and software engineers.

In 2015, Continental invested EUR 130 millions in its activities in Romania and hired some 1,500 new employees.

Update, 25 May 2016: The Company has launched the plan for the construction of new buildings at Timisoara centre. The Timisoara centre will have an additional 7,000 square meters by the end of 2016 and the investment is about EUR 12 milllions.