The biggest newcomer of Kaunas starts production: Continental factory launched
The biggest newcomer – the automotive giant Continental’s electronic components factory, which will employ more than 1,000 people by 2021 – has officially opened its doors in Kaunas Free Economic Zone (FEZ) on October 10.
Construction of Continental’s new electronic components factory began in July 2018: a 22,000 square meter production, administration, and storage premises were built in just over 15 months, were, from the 10th of October production begins. This greenfield investment by Continental is the largest not only in Kaunas FEZ but also in Lithuania in the last 20 years. The company invested 95 million Euro in the project and Continental’s arrival is considered an influential factor contributing to the development of the automotive industry not only in Kaunas but also throughout Lithuania.
This was also emphasized by the President of the Republic of Lithuania Gitanas Nausėda, who attended the solemn opening and launched a production line together with Nikolai Setzer, a member of the Continental Executive Board. “This is a significant stimulus for the local economy, which will contribute to the overall well-being of all our people,” head of the state said adding that the factory of Continental will help Lithuania to dive into the whirlwind of the industrial revolution.
The new plant located in Kaunas FEZ meets all requirements of Industry 4.0, which allows the use of automated equipment. The project met the highest standards of sustainability and environmental protection. The building design and installation project have been awarded the prestigious LEED certification in the Gold category, and this year Continental Automotive Lithuania has been awarded second place in the Emerging Europe Awards, in the Best FDI project category.
The President of the Republic of Lithuania Dalia Grybauskaitė, who visited the construction site of the new factory last year, emphasized that Continental in bringing to Lithuania not only German investments but also innovative production. The company will produce only high value-added electronic products in Lithuania: door and seat controls, intelligent glass controls, adaptive cruise control sensors, and front radars for the emergency brake function.
“The Continental plant, which develops innovative products, is another successful investor attracted to Kaunas FEZ and engaged in production based on smart technologies. Among other important factors, the activities implemented in FEZ based on the program Smart Parkas LT, aimed at promoting research, experimental development and innovation contribute to this,” Vytautas Petružis, head of Kaunas LEZ points out.
It is planned that Continental Automotive Lithuania will employ about 1,000 people by 2021, with production starting at 190 people. In order to attract the necessary talent, the company works closely with local educational institutions and has already signed a long-term cooperation agreement with Kaunas University of Technology. Meanwhile, free public transport routes are being coordinated with Kaunas Municipality, and a gym, kindergarten and bicycle lanes for communication with the City of Kaunas are planned for the needs of the community and employees.
The company claims that they will habitually take into account the use of environment and energy-efficient solutions and materials. In the near future, the company plans to install renewable energy sources on its site and to stop using disposable plastic in the day-to-day operation of the plant.
About the company: Continental is one of the largest automotive suppliers in the world. The company founded in 1871 develops secure efficient, accessible, intelligent solutions for vehicles, other devices, traffic, and transportation. In 2018 Continental’s revenue was 44.4 billion Euro and it currently employs over 245 thousand people in 60 countries worldwide.
Source: Kaunas Free Economic ZoneBack to news