# Continental launches plant construction in Kaunas, Lithuania

Continental launched construction of a new plant worth 95 million euros in Kaunas free economic zone, Lithuania, the largest investment in the country in 20 years.

- Type: New facility
- Announced: 2018-07-20
- Where: Kaunas free economic zone, Lithuania, Lithuania
- Value: $110.0M (95.0M EUR)
- Starts operating: Q3 2019
- Status: under construction
- Products: car parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md)
- [Research Frontiers](https://endata.com/companies/33277.md) (partner)

## Sources

- [delfi.lt](https://www.delfi.lt/en/business/largest-investment-in-20-years-continental-launches-plant-construction-in-lithuania-78628395), 2018-07-20: "German car parts giant Continental on Friday launched the construction of a new plant, worth 95 million euros, in Lithuania's second-largest city of Kaunas's free economic zone."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/23/1540606/12199/en/continental-automotive-breaks-ground-on-new-factory-in-lithuania-to-produce-their-intelligent-glass-control-system-used-with-research-frontiers-spd-smartglass.html), 2018-07-23: "Automotive supplier Continental AG announced on Friday the groundbreaking of their new factory in Kaunas, Lithuania."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/23/1540606/12199/en/CONTINENTAL-AUTOMOTIVE-BREAKS-GROUND-ON-NEW-FACTORY-IN-LITHUANIA-TO-PRODUCE-THEIR-INTELLIGENT-GLASS-CONTROL-SYSTEM-USED-WITH-RESEARCH-FRONTIERS-SPD-SMARTGLASS.html), 2018-07-23: "Automotive supplier Continental AG announced on Friday the groundbreaking of their new factory in Kaunas, Lithuania."

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