Continental Plans Hungarian Brake Testing Facility

Reports in the Hungarian press state that Continental is to invest “billions of Forints” in a new testing facility for electronic braking systems (EBS) and their components in Hungary, around 15 to 20 kilometres from the city of Veszprém. The exact location will be decided on later this month and the project will be completed by the end of the year, creating 30 new jobs.

Continental opened its development centre in Veszprém in 2001 and has decided to base its EBS development and production sector at the site. This is one of two Continental-owned plants in Hungary; the other is Continental Termic Kft, based in Budapest, which has recently seen a 700 million Forint ($4 million) investment in a facility to manufacture EBS parts, which will be completed in spring 2008.