NEW FACTORY FOR CONTITECH
ContiTech in 2013 planiuret invest about 17 million euros in the construction of a new plant in Brazil, which will specialize in the production of hoses for oil and gas. Start of construction will begin in the spring, and production will begin in 2014.
The new plant in South America - a strategically important addition to global business ContiTech Fluid Technology, which includes specialized facilities and development centers in the UK, Hungary, the United States and Germany, sales offices reach EUR 1.3 billion and employs approximately 14,000 people.
