On July 11, the Government of North Macedonia announced that Cagatay Kablo has started construction of a new factory in TIRZ Skopje 1. The investment is worth EUR 6 million. The new facility will cover 10,000 square metres and is expected to create up to 200 new jobs. Cagatay Kablo already operates a factory in the c

On July 10, Leoni concluded a partnership between its two shareholders, Luxshare-ICT and Stefan Pierer, its former sole owner. Following the signing of a binding agreement in September 2024, Luxshare-ICT has acquired a 50.1% stake in Leoni AG with its Wiring Systems Division (WSD), previously fully owned by Stefan Pi

On July 1, Q5D announced that it is doubling the resources at its Technical Assessment Centre (TAC) in Bristol, UK. The TAC is used by customers for feasibility studies and prototyping for embedding wiring directly into the structure of a product, rather than using separate wire harnesses. 
The patented process, whic

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,

Leoni AG (Leoni) will present its cable technologies for electromobility at Battery Show Europe 2025, taking place in Stuttgart, Germany, from June 3-5.
Leoni’s solutions will feature internationally approved cables covering the entire charging system, from charging cables connecting stations to vehicles, including l

On May 20, the Prime Minister of Egypt inaugurated the new factory of SE Wiring Systems Egypt LLC, a subsidiary of Sumitomo Electric Wiring Systems Europe, a subsidiary of Sumitomo Wiring Systems, Ltd., in the 10th of Ramadan City. It is one of the largest in the world to produce electrical wiring harnesses. The plan

On May 8, the Technological Industrial Development Zones (TIDZ) announced that the Turkish company Cagatay Cable, which has been operating within the framework of TIRZ Skopje 1, will invest EUR 6 million. It plans to build a new 10,000-square-meter facility, which will create 200 new jobs.
The new factory will be twi

On May 7, the African Development Bank announced that its USD 80 million credit line to the Botswana Development Corporation (BDC) for businesses in Botswana will help Delta Automotive Technologies to expand its operations. 
Delta Automotive makes wiring harnesses for Volkswagen's Polo Vivo and Polo 270, and Nissan's

On April 16, the Ministry of Industry, Algeria, in a social media post, announced that its minister met with officials from Aptiv in the presence of representatives from Stellantis Algeria and senior ministry officials. During this meeting, the officials gave a detailed presentation on the project to establish a fact

FORVIA announced that it will showcase breakthrough technologies with 9 world premieres at Auto Shanghai 2025. Combining the expertise of FORVIA Faurecia and FORVIA HELLA, the Group will be presenting safe, high-performance, sustainable, and cost-effective innovations.
FORVIA will present Saphir. This mid-size low-bo

On January 30, CzechInvest announced that Ching Tai Electric Wire & Cable (CTi Cable) is planning to invest in the Czech Republic. It will invest USD 4 to 5 million. It will create more than 50 new jobs. It will establish highly automated production of key components such as cables and assembly parts for the AI, auto

Several media sources reported that Aptiv PLC has opened a new production plant in the industrial zone in the Northwestern Tangier city in Morocco, with a total investment of MAD 450 million (USD 45 million).
Its construction began in summer 2023. This 6-hectare facility will create more than 3,000 jobs when fully op

The European Commission has approved the acquisition of (i) sole control of one business segment of Leoni AG (Leoni) by Luxshare Limited (Luxshare), and (ii) of joint control of another business segment of Leoni by Luxshare and Mr. Stefan Pierer of Austria, under the EU Merger Regulation.
The transaction relates prim

Announced on December 10, 2024, Japan-based auto parts manufacture Suzuki Co., Ltd. will increase capital in its Indonesian subsidiary PT. Sugindo International, which manufactures and sells automotive parts and electronic parts in Indonesia, by converting debt into equity (Debt/Equity Swap (DES)).
The amount of capi

On November 27, the Minister of Investment and Foreign Trade, Egypt met with the president of Coficab, a leading Tunisian company in the field of design and manufacturing of electrical cables and braiding for cars, to review the latest developments in establishing a factory in the city of Ramadan, with an investment

Leoni AG (Leoni) announced that it has inked a new contract with the Egyptian Ministry of Industry to build a new factory in Robiki Leather City, Badr, with an investment of EUR 40 million.
The new plant will cover an area of 13,000 sqm and create approximately 3,000 direct and indirect jobs. Preparations for its ina

Leoni AG (Leoni) announced a legally binding agreement between China’s LUXSHARE and Austrian entrepreneur Stefan Pierer, signed on September 17, 2024.
LUXSHARE will acquire a 50.1% stake in Leoni, previously owned by Pierer. In a parallel transaction, LUXSHARE’s subsidiary TIME Interconnect Singapore will acquire 100