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Continental's bicycle tyre business unit is based in Korbach, Hesse, and has an extensive range of touring, trekking, mountain bike and racing tyres. In addition to tyres offering high mileage performance, low rolling resistance and comfort, Continental also manufactures studded winter tyres for bicycles. Continental racing tyres are used by leading teams in many cycling events such as the Tour de France and the Olympic Games. Continental is the only manufacturer of bicycle tyres to produce in Germany. Continental AG is a leading supplier of tyres, braking systems, suspension components and technical elastomers. In 2003 the company achieved a turnover of 11.5 billion euros and employed some 69,000 staff worldwide.
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