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The German automaker Continental launched 95 million units on Friday.
This is the largest investment in the manufacturing sector in Lithuania over 20 years.
The electronic equipment will be manufactured at the factory and its leaders promise to create a thousand jobs from here five years. "Lithuania is today a very important day for Lithuania, not only for the Kaunas region, because not only are German investments coming from us but also very innovative production," said Lithuanian President Dalia Grybauskaitė at of the opening ceremony.
"Continental will manufacture intelligent pbadenger safety and driver support systems in Kaunas – door and seat control elements, intelligent cars automatic window shading systems, speed sensor and forward radar for automatic braking function
"We plan to employ up to a thousand employees over five years. "Mantas Katin, Head of Institutional Investments Investing in Lithuania, said that" if successful, if Lithuanian engineers are sufficient, in the future Continental in Lithuania, "said Shayan Ali, director of the 39; plant.
At the inauguration ceremony, the President, the Minister of Economy and Continental representatives sign an electronic document that aspires to the success of a factory under construction, l & # 39; German company enthused by the good Lithuanian economic environment and the development of Kaunas engineers. . This document was downloaded to a USB storage device that came with the capsule.
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