Continental is strategically realigning its ContiTech group sector with the aim of increasing effectiveness and efficiency as well as customer and market proximity. To this end, the group sector, which specializes in material-driven solutions, will focus even more strongly on the expansion of its industrial business. ContiTech is also consolidating its automotive business in order to create synergies. The changes will come into effect at the beginning of May 2023.
With its realignment, ContiTech is laying the groundwork for its transition from a traditional product supplier to a provider of integrated solutions. In addition, the group sector aims to respond in a more integrated way to the constantly changing requirements of its customers in various markets and industries.
Philip Nelles, member of the Continental Executive Board and CEO of the ContiTech group sector.
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