Continental acquires 32-hectare land plot from Timisoara Mechanical Factories and Prompt

Newsroom 25/07/2018 | 11:45

German automotive components and tires supplier Continental has acquired 32 hectares of land from the Timisoara Mechanical Factories (UMT) and Prompt groups, to expand their storage capacity and optimize overall logistic costs.

Continental has 20,000 employees in Romania, seven production units and four research and development centers in Timisoara, Sibiu, Carei, Nadab, Brasov and Iasi.

The company is part of a joint venture in Slatina and has a tire distribution center in Bucharest. 

In its 18 years of activity in Timisoara, Continental has invested over EUR 460 million in its tire factory and created more than 2,500 jobs.

Continental Tires Timisoara has produced and delivered 200 million tires to customers worldwide. In Timisoara, the company produces a wide range of tires, ranging from 13 to 20 inches, in line with market requirements, including premium tires, innovative electric car tires, and light commercial vehicle tires (VAN).

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue