Leoni increases investment in BRIC countries  [ Germany ]

Leoni Group announced that it more than doubled its capital expenditure in the first quarter of 2012 to 55.1 million euros (previous year: 21.9 million euros) based on the major demand from the BRIC countries. Acquisitions and investments accounted for 25.3 million euros (previous year: 2.3 million euros), most of which was spent on purchasing the other half of the South Korean joint venture Da...
<May 15, 2012>