Automotive parts supplier Continental Romania is investing €27 million to expand its office building in Iasi. The new building will have eight floors and a total built-up area of over 21,000 square metres. Completion of the project is scheduled for March 2020.
"The Continental Research and Development Center in Iasi has grown from 30 people in 2006 to over 1,900 employees at the end of 2018. This development has come as a result of the growing number of projects in which our colleagues are involved. The investment demonstrates the importance the company gives to the engineering centre in Iasi," Continental Iasi manager Marian Petrescu said.
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