Agreement gives Continental room to expand tyre plant in Hefei, China

摘要

AT A CEREMONY held at Continental's headquarters in Hannover, Germany on 1 August, the tyre maker signed a long-term option for acquiring additional land adjacent to its plant in Hefei, China. The deal almost doubles the space available for further expansion at the site. An eleven-person delegation of senior representatives from various Chinese committees and agencies, led by Han Bing, the Deputy Mayor of Hefei, travelled to Germany to conclude the agreement. The Deputy Mayor signed the Memorandum of Understanding together with Burkhardt Koller, head of controlling for Continental's tyre division and chairman of the Continental Reifen Deutschland GmbH Management Board.