# Continental invests EUR 45 million in new production module at Sibiu factory

Continental announced a EUR 45 million investment in a new production unit at its factory in Sibiu, Romania. The module will produce intelligent autonomous driving systems and connectivity systems, with completion planned for end of 2025 and production start in spring 2026, creating 500 jobs.

- Type: Expansion
- Announced: 2024-06-21
- Where: Sibiu, Romania
- Value: $49.0M (45.0M EUR)
- Jobs: 500
- Starts operating: Mar 2026
- Status: announced
- Capacity: over 15,000 sqm
- Products: intelligent autonomous driving systems, connectivity systems, mobility solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [romania-insider.com](https://www.romania-insider.com/continental-new-production-module-sibiu-june-2024), 2024-06-21: "German group Continental announced it would invest EUR 45 million in developing a new production unit at its factory in Sibiu, central Romania."

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