Continental develops in Veszprém with HUF 3 bln
The company has created 152 new jobs and expanded production and office areas and the car park. The company has built a higher storage unit to supply the increased production capacity.
Veszprém-based Continental Automotive Hungary Ltd. has carried out a development project valued at altogether HUF 2.8 bln. The company has launched 12 new production lines and created a number of new jobs.
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Between 2009 and 2014, Continental Automotive Hungary will carry out job-creating investments to the value of HUF 15 bln at the Budapest and Veszprém locations within the framework of seven tendering projects.
The company received a HUF 2 bln support from EU and governmental funds, said the Continental group in a statement. At the two locations the company will create a total of 477 new jobs.
