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    Home > Finance > Continental's ContiTech division to close four plants in Germany
    Finance

    Continental's ContiTech division to close four plants in Germany

    Published by Global Banking & Finance Review®

    Posted on January 30, 2025

    1 min read

    Last updated: January 26, 2026

    The image illustrates the Continental ContiTech division, highlighting the four plants closing in Germany, impacting 580 employees. This change is part of a strategic shift in production.
    Image showcasing Continental's ContiTech division plants in Germany - Global Banking & Finance Review
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    Tags:managementcorporate strategyemployment opportunitiesfinancial community

    Quick Summary

    Continental's ContiTech division will close four German plants, affecting 580 jobs, with production shifting to the Czech Republic.

    Continental's ContiTech division to close four plants in Germany

    (Reuters) - German car parts supplier Continental's ContiTech division is to fully close down four plants and make personnel changes at two other sites, affecting a total of 580 employees, the company said on Thursday.

    ContiTech plans to fully shut down its plants in Bad Blankenburg, Stolzenau and Moers, as well as the dual sites in Frohburg and Geithain, all situated in Germany.

    Production at the Hannover-Vahrenwald plant is expected to end in the first half of 2026 and be transferred to the Czech Republic, while activities at the location in Hamburg are to be scaled down, the company said.

    (Reporting by Tristan Veyet in Gdansk, editing by Friederike Heine)

    Key Takeaways

    • •ContiTech to close four plants in Germany.
    • •Closure affects 580 employees.
    • •Production to move to the Czech Republic.
    • •Personnel changes at two other sites.
    • •Hannover-Vahrenwald plant to end production by 2026.

    Frequently Asked Questions about Continental's ContiTech division to close four plants in Germany

    1How many plants is ContiTech closing?

    ContiTech is closing four plants in Germany, affecting a total of 580 employees.

    2Which locations are impacted by the closures?

    The plants in Bad Blankenburg, Stolzenau, Moers, and the dual sites in Frohburg and Geithain are set to close.

    3What will happen to production at the Hannover-Vahrenwald plant?

    Production at the Hannover-Vahrenwald plant is expected to end in the first half of 2026 and will be transferred to the Czech Republic.

    4Are there any changes planned for the Hamburg location?

    Yes, activities at the Hamburg location are to be scaled down as part of the restructuring.

    5How many employees will be affected by these changes?

    A total of 580 employees will be affected by the closures and personnel changes at the two other sites.

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