Continental Plans to Further Expand Workforce

AUBURN HILLS, Mich., March 17, 2014 /PRNewswire/ -- Assuming the market develops accordingly, the international automotive supplier Continental looks to increase its employee count by around 7,000 in 2014. This would bring the number on its payroll to approximately 185,000 by the end of the year. By the end of 2013, the number of employees had already climbed to roughly 178,000.

"The larger workforce reflects our business success. In 2014 alone, we are expecting to increase sales by 5 percent to around 35 billion euros. Alongside the expansion of production capacities, it is new markets and new technologies that are driving our growth – and this applies to the workforce as well.  We are thus well-advised to position ourselves as globally as possible to comply with our strategic dimension of better serving customers by working in the market for the market," explains Elke Strathmann, Continental Executive Board member responsible for HR.  "In the last few years, we have broadened our base both product wise and geographically. This has made talent management and cultural development all the more important and we are taking this into account."

In 2013, Continental created jobs chiefly in China (approximately 1,800), North America (approximately 1,500) and Romania (approximately 1,500). There were also jobs added in Germany (close to 1,400). "Our goal in 2014 is to further develop in the growth markets. By itself, the planned acquisition of Veyance Technologies Inc. would add another 9,000 or so staff to the 185,000 already envisioned," noted Strathmann.

With sales of around €33.3 billion in 2013, Continental is one of the world's leading automotive suppliers. As a provider of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires, and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently employs around 178,000 people in 49 countries.

This press release is available in the following languages: Chinese, German, English, Romanian

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SOURCE Continental