The steps are taken in a more complicated global context, amid profound transformations of the automotive industry, caused by the transition to electric mobility, digitalization and new market requirements.
Continental will shed about 230 jobs from the ContiTech Original Equipment Solutions (OESL) plant in Timisoara.
The Automotive unit will shed about 640 jobs throughout the country, with a significant impact on the Timisoara site, where the move includes both manufacturing and research and development jobs.
Continental says that these steps are necessary to strengthen long-term competitiveness and sustainability of the operations in Romania, one of the most important manufacturing and development markets in Continental’s global network.
(English version by Loredana Fratila-Cristescu)