Conti Dedicates Zvolen Brake Plant
Only 10 months after breaking ground in April 2005, the Automotive Systems Division of Continental AG has dedicated a new production plant for brake callipers in Zvolen, Slovak Republic. In the future, the plant will produce high-performance brake callipers, some of which will be supplied to automotive plants in the fast growing Automotive Region Eastern Europe (AREE). Continental Automotive Systems plans to invest more than 60 million euros in the Hydraulic Brake Systems Business Unit, which plays a significant role in securing its international competitiveness.