The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.19 - Other research and experimental development on natural sciences and engineering
100 jobs Number of planned job creations
Announcement Date
9 May 2012
Employment effect (start)
9 May 2012
Foreseen end date
31 December 2012
Description
As announced on May 9, 2012, Continental will create 100 jobs in its Advance Driver Assistance Systems (ADAS) section in Lindau by the end of 2012.
The ADAS section currently employs 400 people in Lindau and over 1,000 worldwide. The planned increase in employment in Lindau is due to the expected growth as well as the company's intention to put emphasis on the importance of the ADAS unit.
Further 50 jobs are expected to be created in 2013.
Sources
9 May 2012: Continental
Citation
Eurofound (2012), Continental, Business expansion in Germany, factsheet number 73734, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73734.
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