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The OSRAM Continental GmbH joint venture between Continental and Osram has been launched, with headquarters in Munich, Germany. The joint venture will employ around 1,500 people and aims for annual sales in the mid-triple-digit-million-euro range.
“Over the past few months, we have laid down a number of markers, which will allow us to create a new company that will rethink the future of automotive lighting.”automotiveworld.com
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