ERJ staff report (DS)
Hannover, Germany -- ContiTech remains on track for global growth following outstanding results in 2010 after the economically challenging year 2009. "We have achieved the best business results in the company's history and far exceeded our expectations," reported Heinz-Gerhard Wente, CEO of ContiTech AG, at the company's press conference held to mark the Hannover Messe 2011.
Several factors contributed to ContiTech's positive business results. The rapid recovery of the global automotive industry helped ContiTech, above all in the automotive supplies business. In addition, the company launched new ideas and products on the international markets, and invested in many new development centers and production sites at national and international locations around the world, which help make ContiTech's service and presence even better in these markets.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Press release from ContiTech