Continental rated as a Fortune Most Admired Company, Top Employer
PORT ELIZABETH, South Africa, 22 March 2018 – Already acknowledged as one of the world’s leading tyre and automotive technology manufacturers, Continental has been named one of Fortune Magazine’s Most Admired Companies for 2018.
The Hanover-based company advanced from last year’s fifth place in the motor vehicle parts category to fourth overall, making it the highest-placed tyre manufacturer in the highly-respected Fortune Magazine evaluation. Continental was recognised by the magazine for excellence in innovation, social responsibility, product and service quality, people management and global competitiveness.
Fortune surveyed 680 companies from 29 countries for the 2018 Most Admired Companies awards, compiling responses from 3 900 executives, analysts, directors and relevant industry experts to generate the results.
“It is an honour for Continental to once again be named one of Fortune’s Most Admired Companies for the second year in a row and, more significantly, moving up a place to be the leading tyre manufacturer in the Fortune industry rankings,” says Shaun Uys, managing director of Continental Tyre South Africa.
Continental Tyre South Africa was recently certified as a Top Employer for 2018 by the Netherlands-based Top Employers Institute – an award that highlights the company’s commendable efforts in creating an optimal working environment for its employees.
The annual review recognises companies on every continent that provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation, and strive to continuously optimise employment practices.
“The combination of the Fortune Most Admired Companies ranking, and the Top Employer certification clearly positions Continental as an industry leader, not only in product technology and innovation, but also in creating a positive environment in which our employees are encouraged and motivated to develop and prosper,” Uys says.
“This empowering culture is a key driver of our success, with employees given wide-ranging opportunities for personal and professional growth which, in turn, helps drive the business forward and ensures that we remain at the cutting edge of this dynamic, highly competitive and fast-moving industry.”
Continental is committed to creating a progressive workplace environment for its employees, with its Future Work Flexibility program being adopted worldwide to help employees effectively manage and coordinate their work and personal lives.
“Our talent management process gives employees and managers the opportunity to explore their career paths, find any development gaps and identify opportunities that would enrich the employee’s personal growth,” says Continental Tyre SA’s general manager for Human Relations, Attie Higgs. “This creates accelerated promotional opportunities, both within our local business and the global organisation, while making a valuable contribution to the business as a whole.”
The Port Elizabeth-based manufacturing facility is the only Continental tyre plant in Africa and employs around 1 500 people in South Africa and the Sub-Saharan Africa region.
As a multi-faceted global tyre and technology company, Continental employs more than 233 000 people in 56 countries.
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transport. In 2016, Continental generated sales of €40.5 billion and currently employs more than 233,000 people in 56 countries.
The Tire division currently has over 24 production and development locations worldwide. The broad product range and continuous investments in R&D make a major contribution to cost-effective and ecologically efficient mobility. As one of the world’s leading tire manufacturers with around 52,000 employees, the Tire division generated sales of €10.7 billion in 2016.
Continental Commercial Vehicle Tires is one of the largest manufacturers of truck, bus and commercial specialty tires worldwide. The business unit is continuously developing from a pure tire manufacturer to a solution provider, offering a broad range of products, services and tire-related solutions.