Continental ContiTech to start construction of factory in Mali Bajmok until year's end

Subotica Mayor Sasa Vucinic, Deputy President of Continental ContiTech Group Murk Markus Peter, and Director of the future factory ContiTech Fluid Srbija Zivko Topalovic signed Thursday (September 15, 2011) an agreement on the allotment of a public building land to ContiTech Fluid Srbija.

Construction of a new factory in the commercial zone Mali Bajmok should commence until the end of this year, whereas the production at ContiTech Fluid Srbija is planned to start in mid-2012.

ContiTech is a company specialized in the design of rubber automotive parts. Continental has over 100,000 employees at its factories worldwide. After signing the agreement, Murk Markus Peter handed over a ball with the logo of Continental to Sasa Vucinic.