Conti helps Serbia flood victims

Comments Email

Crain News Service report

HANOVER, Germany (June 6, 2014) — Continental A.G. is donating nearly $100,000 to causes lending assistance to for victims of the recent floods in Serbia, where the company has about 700 employees at two plants.

On June 4 the firm gave $68,000 to relief organization Help—Hilfe zur Selbsthilfe eV, which is organizing a fundraising campaign together with the German–Serbian Trade Association, the Delegation of the German Economy, the German Embassy in Serbia, and the Deutschland Serbien forum.

“Continental has…close ties with the country and wants to make a contribution toward its reconstruction,” said Heinz-Gerhard Wente, member of Continental’s executive board.

In addition, employees and management of the ContiTech plant in Subotica, Serbia, have donated approximately $15,000 to the Serbian Red Cross. A further $13,500 is going to the Continental employees personally affected by the flooding.

“Seven of our employees in Serbia have lost their homes as well as all of their belongings as a result of the floods,” said Danilo Vujosevic, general manager of the ContiTech Conveyor Belt Group in Serbia. “The affected employees have received financial aid and in-kind donations, quickly and with minimal red tape, to help them rebuild their homes.”

Continental operates a conveyor belt plant in Veliki Crljeni and a hose plant in Subotica. Both locations were spared from any direct damage as a result of the flooding, which only caused a power failure and therefore production downtime in the conveyor belt plant.

This report appeared on the website of European Rubber Journal, a UK-based sister publication of Tire Business.

More Polls>

TB Reader Poll

Previous | Published May 22, 2015

When is the last time you attended one of the national tire industry trade shows, such as SEMA, ITEC or the North American Tire & Retread Expo?

I try and take in at least one show a year.
30%
I usually attend one every few years.
14%
There are so many tire maker and distributor meetings each year, I don’t see a need to attend one of the national shows.
12%
I don’t find value in these shows and haven’t been to one in years.
19%
I’d like to but I am too busy
25%