German company makes the biggest investment in a state university in Romania

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800 engineers emerge every year after graduating the University of Sibiu. ‘Not enough’, the representatives of the companies in the area say.

In this context, the subsidiary of one of the top automotive suppliers worldwide, Continental Sibiu, invested EUR 180,000 in training and specialization of University “Lucian Blaga” (ULBS) students for the next three years, a press release informs.

The money will be redirected to labs equipping, supporting student events and other initiatives of the University of Sibiu.

“It’s very important to help develop the labor market in Sibiu. In this way we are sure that we will have good candidates for the present, but also up to the next generation,” Sami Krimi, general manager Continental Sibiu stated.

According to the specialists in the field, this is the biggest investment in a state university in Romania, as digi24.ro informs.

The German company that wants to sponsor the state university plans to hire 550 new people annually. Continental and ULBS have agreed to grow the number of students of the Faculty of Engineering in the coming years, particularly in specialties relevant to the automotive industry.

Moreover, Continental and ULBS will initiate a public-private partnership and will address this topic to the Ministry of Education and Research. In this regard, but also to support the development and recruitment plans of Continental Sibiu, the two institutions have recently signed a cooperation agreement.

Continental Sibiu invested EUR 279 million from 2004 to the present and has 3,200 employees. Around 30 million electronic control units are produced annually at the factory in Sibiu. Some of the products developed, tested and produced in Sibiu are: intelligent braking systems, driving assistance systems, throttle pedals limiting speed in case of detecting an obstacle.

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