EMCC European Monitoring Centre on Change

Contitech Fluid Automotive

Company/Organisation:
Contitech Fluid Automotive

Geographic Location

Country: Romania
Region: Satu Mare; Nord-Vest
Location of affected unit(s): Carei, Satu Mare county, North-West region

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: 754
Group: Continental

Employment Effects

Announcement Date: 23-09-2011
Type of Restructuring: Business expansion
Foreseen End Date: 01-07-2012
Planned Job Creation: 300

Additional Information

The German group Continental, manufacturer of vehicle components, announced the intention to create 300 new jobs in the first half of 2012 at Contitech Fluid Automotive Carei (Satu Mare county, North-West region), as result of an investment of 15.7 million euros for production capacity expansion. At the end of 2010 the company has 754 empoloyees.

 

Sources:

26-09-2011Ziarul Financiar

Sources Links:

http://www.zf.ro/companii/nemtii-de-la-continental-si-draxlmaier-analizeaza-investitii-de-170-mil-euro-8799527