Continental Celebrates 3 Decades of Automotive Innovation at Veszprém

Automotive

Zoltán Dapsy, managing director of the Continental Veszprém, speaks at the anniversary event on June 6.

Continental in Veszprém is celebrating its 30th anniversary this year. Thanks to developments over the past decades, the automotive technology company’s site is now working for global markets, developing, testing and manufacturing various sensors for vehicle safety systems, batteries and travel comfort.

Established in June 1993, Continental Veszprém’s primary task was manufacturing wheel speed sensors, laying the foundation for advanced vehicle safety measures. These sensors offered precise braking power control by determining if a wheel was stationary or spinning, a critical aspect in an anti-lock braking system.

Over the years, Continental Veszprém has expanded, adding new production lines and buildings and a test and prototyping lab for manufacturing. On June 6, the factory announced it had reached the milestone of producing one billion sensors.

“Our Veszprém site has experienced exceptional growth over the past 30 years,” Zoltán Dapsy, managing director of the Continental factory, said at a press event there marking the occasion. “Today, we employ digitized and robotic production lines, conduct significant R&D activities, and operate a unique test track. We are a factory of high added value and stand out even ininternational comparison.”

The factory’s portfolio has grown substantially over the past three decades. In 2001, it was expanded to include a research and development center focusing on software development, positioning itself at the forefront of automotive tech solutions.

A significant milestone was the opening of the company’s own test track in 2009, which was substantially upgraded in 2020, adding additional features and modules. Today, it is one of Central Europe’s largest corporate-owned circuits.

Some of the state-of-the-art technology the factory boasts.

Global Value Chain

Veszprém contributes to the global value chain of the automotive industry, supplying products and developing solutions for nearly all car manufacturers worldwide, Continental says. It follows Industry 4.0 trends, featuring innovative facilities and automated production lines.

Its development center creates the latest generation of vehicle dynamics and safety solutions. The company’s engineers have the opportunity to test their ideas and developments before they go into production, thanks to the onsite labs and the test track. In addition, the financial department there functions as a service center supporting the Budapest unit.

“As the largest employer in Veszprém and the region, our goal is to continue providing stable and sustainable jobs and enable our colleagues to contribute actively to the realization of accident-free and sustainable transportation as soon as possible,” Dapsy highlighted.

“It’s a particular source of pride that we won the ‘Factory of the Year’ award in the large enterprise category in the year of our 30th anniversary, which is an excellent recognition of our colleagues’ talent and commitment,” he added.

Company employees, members of the local and international leadership, as well as national and local government and economic leaders, attended the June 6 event. Other speakers included Bin Huo (head of Segment, Passive Safety and Sensorics), Kai-Uwe Walther (head of Operations, Safety and Motion), Ronan Leroy (head of Segment, Sensors and Subsystems), Gyula Porga (Mayor of Veszprém) and Péter Ovádi (the local Member of Parliament for national governing party Fidesz, and Ministerial Commissioner for the Renewal and Implementation of the National Animal Welfare Program).

Significant Milestone

The German multinational parent company Continental AG was founded in Hanover in 1871. It celebrated its 150th anniversary on October 8, 2021. In Hungary, the group is represented in all three of its business sectors: automotive, rubber, and ContiTech, which provides industrial solutions.

The firm has 12 bases in Hungary in total. Last year, they employed more than 4,000 people, public records show. Continental Automotive Hungary’s revenue reached HUF 421 billion in 2022.

The 30th anniversary of operations in Veszprém marks a significant milestone for Continental, highlighting its long-standing presence and contribution to the field. The company says the event also underlines the growth of the Hungarian automotive industry. The technological advancements from the Veszprém site, indicative of broader industry progress, have helped position Hungary as an essential contributor to the global market.

Among the latest developments at the Veszprém factory are high-precision wheel speed sensors, complex engine and transmission sensors, and advanced battery sensors that can extend the life of electric vehicle batteries.

Continental has also incorporated environmentally-friendly measures into its operations at the factory. These initiatives range from reducing waste and energy consumption to implementing new production methods that minimize environmental impact.

This article was first published in the Budapest Business Journal print issue of June 16, 2023.

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