Continental

Type
Business expansion
Country
Germany
Region
Bayern; Schwaben; Lindau (Bodensee)
Location of affected unit(s)
Lindau
Sector
Professional Services
72 - Scientific research and development
72.1 - Research and experimental development on natural sciences and engineering
72.10 - Research and experimental development on natural sciences and engineering
100 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/73734.