Production Module 6 has an area of approximately 12,000 square meters and the production area accommodates 150 people per shift. The module also houses offices, changing rooms and logistical areas.
In 1999-2018, Continental invested around EUR1.6 billion in its Romanian operations. It has seven production units and four engineering centers in Timisoara, Sibiu, Carei, Nadab, Brasov and Iasi. Continental is a partner in two joint-ventures in Iasi and Slatina and has a tire distribution center in Bucharest.
At the end of of 2018, Continental had over 20,000 employees in Romania, of which one third were engineers and IT specialists its R&D centers.
Continental, which is the biggest employer in the auto industry in Romania, recently announced plans to cut 20,000 jobs, around 8% of its workforce, in its divisions in Germany, Italy and the USA. The restructuring program would not affect Romania, where the company plans further hiring.
In 2018, Continental reached a turnover of EUR44.4 billion and currently has approximately 245,000 employees in 60 countries and markets.