Many jobs are announced for Romanians after the opening of a new factory in Romania. The foreign investor has invested tens of millions of euros in the new headquarters, so it will need a serious workforce.
The Germans have invested 40 million euros in Timișoara. What will they produce there?
Continental Company, German manufacturer of automotive electronic componentsopens a new factory in Timișoara following an investment of 40 million euros.
The Germans of Continental Automotive have completed the construction of the third electronic components factory in Timisoara, the total investment of the company in Romania amounts to two billion euros.
The production area has increased
Thus, with the new Timișoara plant, the production area will increase by more than 7,000 square meters, which means an increase of more than 60% of the space.
Continental’s expansion from Timișoara means the commissioning of production lines for the latest technologies in the automotive sector.
Demand for electronic components, growing
“What used to mean power under the hood is now user experience. To meet the growing demand of our customers, we must pursue the most advanced digitalisation, standardization and automation possible – and that is exactly what we are doing with our new megafactory strategy,” said Lucian Mărgineanu, director of the automotive production unit. in Timisoara.
The new plant uses modern technologies
Continental announces that the use of the latest manufacturing technologies will surely lead to high quality products and services.
“Continuing the implementation of Industry 4.0 technologies represents another leap into the future. The digitization of production processes, as well as the use of cutting-edge equipment, represents a further step forward to guarantee the quality of our products and services. Therefore, in Timișoara Electronic Components Factory, we are focusing on a sustainable future,” said Lucian Mărgineanu.
How many employees does Continental Automotive have?
Continental Automotive is one of the largest foreign investors in our country, with an amount of 2 billion euros.
“The latest investment, over 30 million euros, was the expansion of the R&D center in Timișoara, which opened this summer. We have grown to over 7,500 employees in Romania and at the Timișoara site we had over 5,500 employees .
Timisoara, an important locality
This new expansion represents the work and achievements our colleagues here have had over the years. In these difficult times around the world, Continental trusts people, their experience and skills and invests in their future.
The investment in Timisoara underlines the importance of the location for the company, as well as the trust in the quality of the products and technologies made here,” said Christian von Albrichsfeld, director of Continental Romania.
