WCA July 2018

Industry news

LEONI, a global provider of energy and data management solutions in the automotive sector and other industries, has completed and inaugurated its third Serbian plant in Niš. Harnesses for one of the world’s premium carmakers are being manufactured in a production space of 20,000m 2 . The investment value of the new Niš location is €22 million. Construction work started in February 2017 and in less than five months the first 6,000m 2 of the production space had been built. The first phase of production began in July 2017. At the moment, the Niš plant has around 1,200 employees. By the end of 2019, this figure will rise to 2,200. “The inauguration of our plant in Niš is a happy event for the country of Serbia and for our new employees. Today’s celebrations are also this year’s first official sign of our continuing expansion. Leoni plans to build five more new production facilities for wiring systems in the near future,” said Martin Stüttem, member of the board of directors of Leoni AG with responsibility for the Wiring Systems Division (WSD). The president of the republic of Serbia, Mr Aleksandar Vučić, expressed his great satisfaction with the new plant that will bring new jobs to the southern part of Serbia. Leoni AG – Germany Website : www.leoni.com ❍ Leoni’s third plant in Serbia, which will create 2,200 new jobs by the end of 2019 Leoni’s third plant in Serbia will create 2,200 new jobs by the end of next year

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Wire & Cable ASIA – July/August 2018