# Continental opens electronics components plant in Kaunas, Lithuania

Continental Automotive Lithuania opened a new electronics components factory for the automotive industry in Kaunas Free Economic Zone, with planned initial investment of EUR 95 million and expected to employ 1,000 people by 2021.

- Type: New facility
- Announced: 2019-10-01
- Where: Kaunas Free Economic Zone, Lithuania
- Value: $105.0M (95.0M EUR)
- Jobs: 1,000
- Starts operating: Oct 2019
- Status: completed
- Products: automotive electronics components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Continental Automotive Lithuania](https://endata.com/companies/44153.md)

## Sources

- [vz.lt](https://www.vz.lt/pramone/2019/12/24/2019-m-kas-menesi--po-gamyklos-atidaryma), 2019-12-24: "Atidaryta automobilių pramonei skirta elektronikos komponentų gamykla „Continental Automotive Lithuania“, kurioje, kaip planuojama, iki 2021 m. dirbs 1.000 žmonių."

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