Continental to build €95M automotive electronics plant in Kaunas, Lithuania

Continental announced the construction of a new manufacturing plant for automotive electronics in Kaunas, Lithuania, with an investment of €95 million over five years, creating 1,000 jobs. Groundbreaking is scheduled for mid-2018, with production start planned for mid-2019.

“Building the first Continental plant in Lithuania is an important part of our growth strategy in Europe.”continental.com

• 2 sources
• continental.comContinental Expands its Presence in Europe and Builds First Plant in Lithuania - Continental AGOct 30, 2017
• tiresandparts.netContinental to Expand Presence in Europe with New Factory in Lithuania - Tires & Parts NewsThe editorNov 1, 2017

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