Overview
- Continental plans to close ContiTech facilities in Bad Blankenburg, Stolzenau, Moers, Frohburg, and Geithain, impacting 580 employees across four German states.
- The company aims to downsize operations at its Hamburg site and relocate a production line from Hannover to another automotive-focused location.
- Continental attributes the closures to sustained declines in demand within the automotive sector and the European lignite mining industry.
- Company leaders state they will strive for socially responsible measures, including offering affected employees opportunities to transition within the organization.
- The decision has drawn sharp criticism from employee representatives and unions, who demand stronger financial support for workers in economically vulnerable regions.