Continental starts construction of its new headquarters in Hanover, Germany. The company says the new campus will focus on open spaces for creativity and knowledge sharing. The first development phase for the building complex is to be completed by the end of 2020 and to provide space for 1,250 employees. According to the plans, later expansion to 1,600 workplaces is an option. Relocation of the employees should be completed in 2021, in time for the company’s 150th anniversary.
“Continental has been enjoying rapid, profitable growth for many years. This is reflected in our growing workforce around the world. In recent years, the corporate headquarters has become too small for the nearly 900 employees. Now we are creating the necessary space in a modern headquarters that will be a credit to our birthplace, Hanover,” commented Continental’s CEO Dr. Elmar Degenhart on the occasion of the ground-breaking ceremony. He added: “We are building a creative Continental campus. It will connect people and promote personal dialog between them. They will find areas where they can retreat to concentrate in peace and quiet. At the same time, we are setting up open areas that encourage creative sharing of ideas and knowledge.”
The new Continental campus will consist of a total of eight buildings, which will be connected to each other by four bridges. “The new headquarters of our long-standing company is a clearly visible commitment to its roots in Hanover. We are pleased with the generous support for our project we have received from Lower Saxony’s capital city and our reinvigorated partnership that will extend far into the future,” declared Degenhart.
“In the course of the company’s history that stretches back over almost 150 years, Continental has shaped the city of Hanover. Now, with the new headquarters, a new foundation is being laid that strengthens this common bond. The new structural accent is a perfect match for our cosmopolitan city with its architecture and endorses Hanover as a business location,” said Mayor Schostok.