NADAB, Romania—ContiTech A.G. is closing its induction systems plant in Nadab and transferring the operation to its location in Carei in northwestern Romania. The move was prompted by a steady decline ...
Continental will close its induction systems factory in Nadab, in Romania’s Arad county, and transfer the work to its heating/cooling rubber hoses unit in Carei, in Satu-Mare, local reports said.
Continental's Romanian unit said it has invested EUR150m (US$178m) in 2020 and planned to invest a similar amount this year. Among the most important investments last year were a new office building ...
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