Type
Business expansion
Country
Romania
Region
Vest; Timis;
Location of affected unit(s)
Timisoara
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

600 jobs
Number of planned job creations
Job creation
Announcement Date
6 July 2011
Employment effect (start)
15 July 2011
Foreseen end date

Description

German car parts manufacturer Continental Automotive has announced the intention to hire 600 engineers for a new technology centre located in Timisoara (Romania).

With a total investment of 20 million euro, the centre will provide laboratory testing services. At present, Continental employs 1,800 engaged in the production of electrical equipment for engines and vehicles.


Sources

  • 7 July 2011: Ziarul Financiar

Citation

Eurofound (2011), Continental Automotive Romania, Business expansion in Romania, factsheet number 72215, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72215.