Continental expands footprint in Europe, to build first plant in Lithuania

Construction to start on plant for automotive electronics in Kaunas, Lithuania, in 2018 to meet growing demand in European markets

Autocar Pro News Desk By Autocar Pro News Desk calendar 30 Oct 2017 Views icon4638 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Continental expands footprint in Europe, to build first plant in Lithuania

Technology company Continental has announced the construction of a new manufacturing plant in Lithuania to expand its automotive electronics production footprint.

The ground-breaking ceremony is scheduled for the middle of 2018. Continental plans to invest €95 million over the next five years and will create around 1.000 new jobs.

“Building the first Continental plant in Lithuania is an important part of our growth strategy in Europe. With this, we are continuing to expand our electronics production and European presence in order to be able to better satisfy our customers’ growing demand for automotive electronics,” said Dr. Hans-Jürgen Braun, head of 28 Central Electronic Plants worldwide at Continental.

“As a modern industrial region with an excellent infrastructure and highly qualified workforce, Kaunas is the ideal location for us. We are delighted about the fact that we will have a plant in Lithuania for the first time ever,” said Shayan Ali, future managing director of Continental in Lithuania, and added: “Thanks to support from the Lithuanian government, we are planning to have completed construction by the middle of 2019 and be able to start production.”

“Continental is bringing the biggest greenfield investment project in Lithuanian history,” said Lithuania’s prime minister Saulius Skvernelis. “Its decision to establish a manufacturing unit in Lithuania will have a tremendously positive impact on this industry in Lithuania. I can guarantee you that the Lithuanian government will assist the company in every way it can to ensure that operations accelerate smoothly and that local talent will embrace the opportunity to contribute to the production of innovative products that meet the highest standards of German production,” Skvernelis continued.

Products of Continental’s Body & Security and Advanced Driver Assistance Systems business units are to be manufactured on a production site spread across 16,000 square metres. This includes door and seat control units, gateways and intelligent glass control units as well as radar sensors for comfort functions such as Adaptive Cruise Control (ACC) and safety functions such as Emergency Brake Assist (EBA).

 

RELATED ARTICLES
Hyundai Mobis unveils 65 new technologies for EVs, electronics, safety

auther Autocar Pro News Desk calendar10 Oct 2024

The company’s 2024 R&D Tech Day featured seven themes and presented 65 key technologies in sectors such as electrificati...

Hyundai Motor Group and Singapore ink collaboration for sustainable energy solutions

auther Autocar Pro News Desk calendar09 Oct 2024

Hyundai Motor Group and Nanyang Technological University, Singapore collaborate in the field of hydrogen energy and adva...

Foxconn unveils Pininfarina-designed electric MPV

auther Autocar Pro News Desk calendar08 Oct 2024

The 5.1-metre-long, seven-seater Foxtron Model D, which is high on connectivity and aerodynamics, has an estimated range...