Continental announced the start of work on the new production module in Sibiu, the seventh, with a planned investment of over 45 million euros. Part of this will be covered by state aid allocated to stimulate investments with a major impact on the Romanian economy.
Continental Sibiu celebrates its 20th anniversary this year. To mark this important day, the team from Sibiu organized a special event during which they announced the new investment plan.
The future Module 7 of Continental Sibiu will have an area of over 15,000 square meters. 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.
Completion of the new module is planned for the end of next year, while production will begin in the spring of 2026.
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.
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.
Sources: romania-insider.com; oradesibiu.ro