Due to the ongoing crisis in the automotive industry, Continental plans to close several plants in its plastics technology division Contitech in four federal states - including Saxony. Of the total of 580 jobs affected, 58 are in the Free State of Saxony, as the company announced. The plants in Frohburg and Geithain near Leipzig manufacture tools for plastics production.
In addition to Saxony, plants in Thuringia, Lower Saxony and North Rhine-Westphalia are also affected. In addition, the activities of the Original Equipment Solutions (OESL) business unit, which will be independent in future, are to be scaled back at the Hamburg site. As part of the planned independence of Continental's Automotive division, a production line is also to be relocated from the Contitech site in Hanover to an automotive site.