On September 21, Egypt's Ministry of Industry hosted a roundtable with German companies to discuss expansion plans, challenges, and solutions. The ministry aims to attract more German companies to the Egyptian market. The Ministry said the National Automotive Industry Development Program (AIDP) is a key pillar for at

Leoni AG (Leoni) announced the transformation of the Innovation Industrialization Center (IIC) at its headquarters in Kitzingen, Germany, into the Innovation Collaboration Center (ICC), aiming to accelerate the development and industrialization of automotive wiring system technologies.
The ICC offers over 3,000 sqm o

Leoni AG (Leoni) started construction of its new Bouskoura plant in Morocco, with an investment of MAD 640 million.
The new facility will cover nearly 35,000 sqm, increase its number of production units in Morocco to 12, and create up to 4,000 direct and indirect jobs in the Casablanca-Settat region.
The new plant wi

On May 20, multiple sources reported that the Chairman of the Board of Directors of Leoni Egypt said the company plans to invest EUR 80 million by 2028 to establish a new factory in Badr City. This investment will double the current production capacity of 100,000 wiring harnesses and create 3,000 new jobs. The harnes

On April 30, Leoni AG announced that Luxshare has increased its shareholding in Leoni AG by acquiring an additional 24.8% stake from co-owner Stefan Pierer. Previously holding 50.1%, Luxshare now owns 74.9% of Leoni AG’s shares. Stefan Pierer retains a 25.1% stake in Leoni AG and will continue to support the company

On March 8, the Minister of Labor of Egypt met with a delegation from wiring harness manufacturer Leoni Egypt. The minister stated that Leoni’s new expansions will provide thousands of job opportunities for Egyptian youth. In the coming days, Leoni will offer 500 new jobs for assembly technicians across several branc

On February 25, LEONI announced the launch of 14 new production lines at its facility in Durango, Mexico, thanks to a USD 10.9 million investment in advanced technology.
The facility produces automotive wiring harnesses for electric and autonomous vehicles. The expansion is expected to generate approximately 250 jobs

On February 8, the Egyptian Ministry of Labor discussed cooperation in the fields of employment, training, providing job opportunities, and supporting investment with Leoni Egypt. The agreement will provide 400 job opportunities for assembly technicians in Leoni’s branches in Nasr City and Badr City. It will also pro

On January 13, it was reported that Leoni Wiring Systems announced the expansion of its operations in Yucatán.
This project expects to generate 3,500 new jobs, 1,500 in 2026 and an additional 2,000 in 2027, expanding capacity and integrating new processes to meet rising demand from the North American automotive marke

Leoni AG (Leoni) has introduced a cell connecting system (CCS) for high-voltage batteries, designed to electrically connect battery cells with either lateral poles or poles on top.
The CCS leverages Leoni’s bond wire technology to replace traditional surface-mounted devices (SMD) melting fuses, enhancing reliability

On December 9, the Prime Minister of Egypt inaugurated the Leoni International Automotive Wiring Harness Factory in Badr City. This is the fifteenth plant of Leoni in the country. The company also laid the foundation stone of its large industrial complex in the city, which will have an area of 21 acres. It will be op

On November 6, the Ministry of Industry, Egypt, in a social media post, announced that Leoni Egypt has signed an agreement with Cairo Investment to establish an industrial complex to produce electrical wiring harnesses and cables. The 91,000 square meters plant in the city of Al-Rubiki will help to localize the autom

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

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

Leoni AG (Leoni) has introduced its battery junction box developed to enhance performance and safety of EVs. It connects and disconnects the battery pack with the vehicle's HV wiring system, including the power train, and auxiliary devices, as well as the AC/DC charging devices.
The system features electro-mechanical

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

The Ministry of Industry & Trade, the kingdom of Morocco announced the inauguration of Leoni AG (Leoni)’s new factory in the Industrial Acceleration Zone in Agadir, on January 20, 2025.
According to Leoni Morocco, with an investment of over MAD 200 million, this new 19,000-sqm will create 3,000 direct jobs.
This proj

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