Continental AG (HQ: Hanover; Germany), is a German automotive corporation specialised in brake systems, electronics, powertrain and chassis components. It is also the fourth largest tire manufacturer worldwide. Number of employees: 235000 (2017); turn-over: 44.5 billion euro (2017).
Continental runs a manufacturing site for electronic components at Timisoara (Romania) with 2700 employees and invested 370 million euro sofar (12 million euro in 2016). Another 6 million euro has been invested in 2017 and a new R+D center has been established. During the year 2018, 32 ha of land has been purchased at Timisoara to expand logistical facilities in the near term.
Source: adevarul.ro July 25th 2018
Author: Dani Dancea
Google search terms: Continental; Timisoara; 32
Picture: M 93 [CC BY-SA 3.0 de (https://creativecommons.org/licenses/by-sa/3.0/de/deed.en)]; https://commons.wikimedia.org/wiki/File:Mercedes-Benz_SLS_AMG_(C_197)_%E2%80%93_Alufelge,_10._August_2011,_D%C3%BCsseldorf.jpg -unidentified artist for Continental AG [Public domain]; https://commons.wikimedia.org/wiki/File:1911-04-20_Illustrirte_Zeitung_S._0010_S._X_Continental-Caoutchouc-_und_Gutta-Percha_Compagnie_Hannover.jpg –