Continental

Continental to commence Russian PCR manufacture in Q4 2013

Continental has confirmed its intention to erect a new factory in Russia.

Alexander Lührs, head of media and press relations for the German manufacturer’s Passenger and Light Truck Tyres division, told Tyres and Accessories that approximately 200 million euros will be invested in a greenfield plant initially capable of producing four million passenger car tyres a year.

Production is expected to begin in the fourth quarter of 2013, Lührs added.

Continental is yet to confirm the factory’s location; according to Lührs, a decision will be made before the end of June.  The tyre marker is also yet to announce the size of the new plant’s workforce, although using estimates based on previous greenfield Continental passenger car tyre plants it is thought the site will employ around 900 people when its first-stage production capacity is reached.