Leoni to close plant in Malošište, Serbia, by 2025, affecting around 1,900 jobs
Leoni AG (Leoni) has decided to scale down production at its factory in Malošište (Serbia) in the coming months and fully cease production by the end of 2025, affecting around 1,900 jobs.
The closure is attributed to the lack of a long-term, strategically and financially sustainable perspective. The Malošište plant,