ContiTech switches hose and pipe production to Hungary

ERJ staff report (PRW)

Hannover, Germany — Continental is switching vehicle hose and pipe production from Spain to two existing plants at Vác and Makó Hungary. The €500m project will expand the product range offered to the automotive sector in Central Europe. But, because of the impact of the world economic recession, earlier plans to create 100 Hungarian jobs after the move have now been dropped.

There is spare capacity in Hungary as a result of the global crisis and orders at the Makó facility have declined…

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