Continental, a technology company, announces new investments at its headquarters in Sibiu. The company is preparing for the construction of a new building, production module 7, which also involves the expansion of related spaces: the logistics area, offices, IT infrastructure, as well as the canteen and kindergarten.
Module 7, currently in the design phase, will have an area of over 15,000 m² and a capacity for over 700 people. Of this area, 6500 m² are allocated to the production area, and the rest of the space is related to the logistics area, the office area, as well as other additional spaces, all equipped with the necessary equipment. The expansion also comes with a new body for the location’s canteen. Construction work is expected to begin in the middle of next year.
In the new module, engineers, technicians and operators will work together on the production of intelligent autonomous driving systems, connectivity systems and other mobility solutions for key automotive customers around the world, all in a modern factory with state-of-the-art technologies time and smart processes of industry 4.0.
At the same time, Continental Sibiu started the construction works for the expansion of the kindergarten in the location, dedicated to the employees’ children, which operates as a nursery and kindergarten, and part of the employees’ costs for these services are borne by the company. Following the expansion, the kindergarten will have an area of over 1000 m² – which includes 8 classes, an outdoor playground, activity spaces, a doctor’s office and other annexes. The expansion will result in an increased capacity of the kindergarten, up to 160 places.
Continental achieved a turnover of 33.8 billion euros in 2021 and currently has more than 190,000 employees in 58 countries and markets. On October 8, 2021, the company celebrated its 150th anniversary.
Between 1999 and 2021, Continental invested over 2 billion euros in its activities in Romania. All three fields of activity of the company are represented in Romania. Continental owns six production units and four engineering centers in Timisoara, Sibiu, Carei, Nădab and Iasi. The company has a tire distribution center in Bucharest.
At the end of 2021, Continental had more than 17,500 employees, of which more than a third represented by engineers and computer scientists, and will continue to hire depending on future projects.