Continental announced the construction of a new manufacturing plant in Lithuania
“Building the first Continental plant in Lithuania is an important part of our growth strategy in Europe. With this, we are continuing to expand our electronics production and European presence in order to be able to better satisfy our customers’ growing demand for automotive electronics,” said Dr. Hans-J?rgen Braun, head of 28 Central Electronic Plants worldwide at Continental.
“As a modern industrial region with an excellent infrastructure and highly qualified workforce, Kaunas is the ideal location for us. We are delighted about the fact that we will have a plant in Lithuania for the first time ever,” said Shayan Ali, future Managing Director of Continental in Lithuania, and added: “Thanks to support from the Lithuanian government, we are planning to have completed construction by the middle of 2019 and be able to start production.”
“Continental is bringing the biggest greenfield investment project in Lithuanian history,” commented Lithuania’s Prime Minister Saulius Skvernelis. “Its decision to establish a manufacturing unit in Lithuania will have a tremendously positive impact on this industry in Lithuania. I can guarantee you that the Lithuanian government will assist the company in every way it can to ensure that operations accelerate smoothly and that local talent will embrace the opportunity to contribute to the production of innovative products that meet the highest standards of German production,” Skvernelis continued.