Continental Powertrain in Industrial Park Brasov
The German company Continental, fuel injection systems producer, extends its activity in Romania with the new factory built within the Industrial Park Brasov.
The new location of 22.000 sqm will be finalized in April 2013 with a investment value of 40 mill Euro. “Thus, Continental setup the third production centre of the Automotive Group in Romania. In the new factory, all phases of the production will be operated, starting from subassembly cabling to fuel injection pumps production” said Markus Distelhoff, Fuel Supply Commercial Unit’s manager, within PowerTrain division.
By this investment 550 new jobs will be created.
By the end of 2011, Continental invested 575 million euro in activities in Romania. Continental owns 7 production units, 3 RND centers in Timisoara, Sibiu, Carei, Nadab, Brasov and Iasi. Continental has over 10.500 employees in Romania.
With a turnover of 30,5 billion Euro in 2011, Worldwide, Continental is one of the most important suppliers in the auto industry. Continental has 167.000 employees in 46 countries.