Continental Expects Zero Profits For 1Q/2020 After Putting 30,000 Employees On Unpaid Leave

04.01.2020 By Ecaterina Craciun

Continental, one of the world’s largest automotive components manufacturers, on Wednesday said in a statement that it expects its adjusted profits to drop to zero for the first three months of the current fiscal year, as the company announced it had sent 30,000 employees in Germany on unpaid leave.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: (newsroom), (Marketing & PR), (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

, profits
, employees
, unpaid leave

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.