CONTINENTAL
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Law Firm Filip & Company Assisted Continental in Sale of OESL Business To US Company Regent
Law firm Filip & Company has legally assisted German company Continental and its arm ContiTech in the sale of the OSEL business unit to Regent, a private holding-type US company.
Germany’s Continental Sells OESL Business, with Operations in 15 Countries, Including Romania, To US Company Regent
German company Continental, via ContiTech division, has sold the OESL business, with operations in 15 countries, including Romania, to US private holding company Regent.
Continental To Cut Almost 900 Jobs In Romania
Germany’s Continental Group, the largest actor in the Romanian automotive industry, with almost 20,000 employees, has announced a number of streamlining steps that will affect about 870 jobs...
Liviu Balan Becomes Head Of Country For Continental’s Automotive Business In Romania
Liviu Balan, an executive with a more than 20-year local and international experience at Continental, will take over the position of head of country for the automotive business of the group...
Continental Investments in Romania Hit EUR600M
Continental group has reached total investments of EUR600 million in the tire plant of Timisoara after 25 years of activity. And production has topped 300 million tires.
Continental Inaugurates EUR8M Testing Facility in Iasi
German-held supplier of automotive components and systems and the largest manufacturer of automotive components in Romania Continental has expanded its center in Iasi with new test labs, fol...
Continental Invested EUR150M In Romania In 2021; Sets Same Target For 2022
German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-e...
Continental Romania Invests EUR8M in New Building in Iasi
Continental Romania, the largest automotive component manufacturer in the country, is investing EUR8 million in a new building in Iasi, which includes the engineering center, test laboratori...
Continental Hotels Chain Average Occupancy Rate Down to 49%
Continental Hotels chain, one of the largest in Romania, with almost 2,000 rooms, has operated at a 49% average occupancy rate so far, compared with 72% in 2019, its best year ever, the chai...