CONTINENTAL
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Continental Puts French Matthieu Turlure At Helm Of Its Tire Factory In Timisoara
German automotive group Continental has appointed French Matthieu Turlure to the position of director of its tire factory in Timisoara (western Romania).
Continental Closes ContiTech Factory in Arad, Relocates Production
German automotive group Continental will be shutting down its ContiTech factory in Nadab, Arad county in western Romania, and will relocate production to Carei, Satu Mare in northern Romania...
Continental Buys Kromberg & Schubert Automotive Wiring Plant in Timisoara
Germany’s automotive wiring and electronic systems manufacturer Kromberg & Schubert has sold its plant in Timisoara to the Continental Group, local automotive industry sources say.
Continental Hotels Thinking of Closing Up Shop After December 15
The eight hotels of the Continental Hotels chain may close as of December 15, says CEO and chairman Radu Enache. The decision comes amid a significant decline in the revenue of the hotel com...
Continental Completes EUR27M Expansion of Iasi R&D Center
Continental Group, the biggest car parts manufacturer in Romania, said Monday it has completed the EUR27 million expansion of its research and development center in Iasi, northeastern Romani...
Continental To Expand Timisoara R&D Center in EUR33M Investment
Continental Group, the biggest car parts manufacturer in Romania, said Tuesday it was starting works to expand its research and development center in Timisoara, western Romania, in an invest...
Continental Expects Zero Profits For 1Q/2020 After Putting 30,000 Employees On Unpaid Leave
Continental, one of the world’s largest automotive components manufacturers, on Wednesday said in a statement that it expects its adjusted profits to drop to zero for the first three months...
Two Continental Divisions Had Some 20% Profit Margins In 2018
Continental’s electronic component division, Continental Automotive systems, has become the most profitable division of the group in Romania, having posted 852.5 million lei net profit and a...
Radu Enache, Continental Hotels: GED Seeks To Sell Its Stake
Spanish-held private equity firm GED is looking for a buyer for the almost 30% in Continental hotel group, businessman Radu Enache, the majority owner of the business, says.