Press Release -1- Continental signed a collaboration agreement with the University “1 Decembrie” from Alba Iulia Together with the University, Continental Sibiu aims to develop programs for students and technical courses and plans to invest in equipments and laboratories. Sibiu, February 19th, 2014 - Continental Automotive Systems Sibiu, part of Continental Corporation, one of the biggest automotive suppliers worldwide, signed a collaboration agreement with “1 Decembrie“ University from Alba Iulia. The event brought together the company representatives: Oswald Kolb – General manager, Lăcrămioara Dărăban – Human resources manager, Bernhard Ratajczak – Finance manager and Liviu Bălan, Head of R&D Sibiu. From the Universities’ side participated tot the event: Prof. dr. Daniel Breaz – Rector of the University, Prof. dr. Moise Ioan Achim – Vice rector, Conf. dr. Maria Popa – Dean of the Science Faculty and Conf. dr. Ioan Ienciu – Head of Science and Engineering Department. Beside the signing of the contract, the agenda of the event included the organization of an honorary senate meeting in order celebrate the nomination of Mr. Liviu Bălan, from Continental Sibiu, member of honor of the University senate. This partnership aims to familiarize the students with the automotive field and facilitate their access to new technologies. Other purposes are: the development of internship programs, tutorial and mentoring activities for diploma projects, exchange of best practices, equipping the laboratories, common research activities, organization of conferences and workshops with the participation of company’s specialist. „The basis of our business is the Know How of our employees. Therefore it is very important for us to collaborate with the universities. With this investment we want to contribute to the further development of the „1 Decembrie“ University and give the students‘ the chance to work with State of the Art equipment and get in touch with the newest technologies used in automotive products.” Declared Mr. Oswald Kolb, General Manager of Continental Automotive Systems Sibiu -2„In the context in which our institution aims to diversify and optimize the activities concerning improvement of the graduets’ insertion on the labor market, the collaboration with Continental Automotive Systems Sibiu reprezents, for us, an important step in achieveing our goals regarding the quality of theoretical knowledge and practical abilites of the students. We are aware of the fact that this collaboration is an opportunity for our students and professors to achieve performance together with a company that represents excelency in the Romanian economic field.” Declared Prof. univ. dr. Daniel Breaz, Rector of „1 Decembrie 1918” University, Alba Iulia. At Continental Sibiu are produced and developed electronic control units for the automotive industry. There are more than 2700 employees, out of which 760 de engineers, both in production and research & development center. Continental Automotive Systems invested permanently in developing the work force in the county, through succesfull partnerships with the University and highschools from Sibiu. The collaboration with Alba Iulia University comes in the context of further growing plans, that the company has for the next years. With provisional sales of around €33.3 billion in 2013, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires, and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently has more than 177,000 employees in 46 countries. The Continental Group has invested more than 700 million Euros in Romania. Both the Automotive Group and the Rubber Group are present. All five divisions of the automotive supplier are active in Romania, operating seven manufacturing facilities plus three research and development offices in Timisoara, Sibiu, Carei, Nadab, Brasov and Iasi. The Group is also partner in a joint venture in Slatina and operates a tire distribution center for Eastern Europe in Sãcãlaz. Continental employed at the end of 2012 some 12,000 people in Romania. Contact for Journalists: Links: Alice Frasineanu Specialist Comunicare Continental Automotive Systems Str. Salzburg Nr. 8 550018 Sibiu, Romania Tel: +40-369-433-053/ +40 756-017-905 Fax: +40-369-433-069 E-mail: alice.frasineanu@continental-corporation.com Homepage: www.continental-corporation.com Online Media Database: www.mediacenter.continental-corporation.com