After more than 3 years of operations in Lithuania, Continental plans to increase its production capacity in Kaunas. The company will soon start its expansion project, investing more than 90 million euros and creating another 500 jobs. The total headcount will reach 1,500 by 2025.
The planned development at the Kaunas plant will more than double the production capacity. The total amount of investment in the Kaunas project will reach about 185 million euros. The portfolio of manufactured products in Kaunas should not change – the factory will continue to produce car electronics products for safety, comfort, and autonomous driving functions.
Kaunas is Lithuania’s industrial center and the nation’s leading electronics and automation hub. At the same time, its population of more than 40,000 students – around 10 percent of whom are specializing in electronics manufacture – puts a wealth of technical know-how at our disposal, so we are expecting to gain some highly qualified employees. All in all, Kaunas is the perfect location for our new plant.
We are glad that with the modern industrial region here in Kaunas, the excellent infrastructure and the highly qualified workforce, we have found the ideal location.
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