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© HIPA
Electronics Production |

Continental keeps expanding in Hungary

The foundation stone has been laid for Continental’s new automotive electronic component manufacturing plant in Debrecen, Hungary.

The new unit the Germany-based technology group will cover an area of 7’000 square metres as an expansion of the company’s Hungarian sites. Continental has made a greenfield investment of EUR 100 million in the establishment to create another 450 jobs with a view to intensifying the capacity that its 6 plants, a report from HIPA reads.. The company started to build up its presence in Hungary back in 1991 – which has since been followed by continuous expansions of its operations. Continental currently runs five divisions in the country, with six productions plants and seven sites in total.

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March 15 2024 2:25 pm V22.4.5-1
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