Continental invests EUR 45 mln in new production module at its factory in Romania's Sibiu
<p>German group Continental announced it would invest EUR 45 million in developing a new production unit at its factory in Sibiu, central Romania. The project will be partly financed by a government grant under the scheme dedicated to investments with a major impact on the country's economy.</p>

<p>Completion of the new module is planned for the end of next year, while production will begin in the spring of 2026.&nbsp;</p>

<p>Developed based on industry 4.0 processes and hosting state-of-the-art technology, the new module will focus on producing intelligent autonomous driving systems, connectivity systems, and other mobility solutions for key automotive customers worldwide.</p>

<p>The new module will have an area of ​​over 15,000 sqm. Of this, 6,500 sqm are allocated to the production area, and the rest is related to the logistics area, the office area, and other additional spaces.</p>

<p>To support the new investments, Continental plans to employ 500 more during the coming years in addition to the 4,500 currently employed at its Sibiu factory, <a href="https://www.profit.ro/povesti-cu-profit/auto-transporturi/foto-continental-lanseaza-o-noua-investitie-in-romania-partial-cu-bani-de-la-stat-21636634" rel="noopener" target="_blank">Profit.ro</a> reported.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: Continental.com)</em></p>