# 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.

- Type: New facility
- Announced: 2017-10-30
- Where: Kaunas region, Lithuania
- Value: $110.0M (95.0M EUR)
- Jobs: 1,000
- Starts operating: Jul 2019
- Status: announced
- Products: automotive electronics
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Continental](https://endata.com/companies/925.md)

## Sources

- [continental.com](https://www.continental.com/en/press/press-releases/2017-10-30-cep-kaunas/), 2017-10-30: "Building the first Continental plant in Lithuania is an important part of our growth strategy in Europe."
- [tiresandparts.net](https://tiresandparts.net/news/parts/continental-expand-presence-europe-new-factory-lithuania/), 2017-11-01: "The plant will allow Continental to expand its electronics production and its presence in Europe in order to cater to the growing demand for automotive electronics in the European market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.