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Szijjártó: Continental creates 681 new jobs in Hungary

In the framework of its newest investment of HUF 5.1 bln, Continental Hungary will create 681 new jobs in Hungary, chiefly in Nyíregyháza, Hungary’s Foreign Minister Péter Szijjártó said today at a press conference, the Ministry of Foreign Affairs and Trade reported.

(Photo: Ministry of Foreign Affairs and Trade)

The Hungarian government is supporting the project to install new equipment, renovate a production hall approximately 4,000 sqm in size, build a new warehouse and expand production, with a HUF 1.7 bln investment.

German Continental Group is the world’s largest automotive supplier, and the automotive sector is the “flagship” of the Hungarian economy, hence the Hungarian governmentʼs support, Szijjártó said, according to the ministry’s report.

Continental Group employs 200,000 workers around the world, with approximately 7,000 employees in Hungary, said László Jókay, the CEO of Contitech Hungária Kft.’s plant in Nyíregyháza.