Leoni AG
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Leoni AG, based in
Nuremberg Nuremberg ( ; german: link=no, Nürnberg ; in the local East Franconian dialect: ''Nämberch'' ) is the second-largest city of the German state of Bavaria after its capital Munich, and its 518,370 (2019) inhabitants make it the 14th-largest ...
, Germany, is a
cable Cable may refer to: Mechanical * Nautical cable, an assembly of three or more ropes woven against the weave of the ropes, rendering it virtually waterproof * Wire rope, a type of rope that consists of several strands of metal wire laid into a hel ...
and harnessing manufacturing firm with branches throughout the world. It is listed on the
Frankfurt Stock Exchange The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Loca ...
and is a member of the mid-cap MDAX index, and is claimed as global leader of cable systems.


Products

Leoni made all cables and powercords for Dell and
Gateway 2000 Gateway, Inc., previously Gateway 2000, is an American computer hardware company. The company developed, manufactured, supported, and marketed a wide range of personal computers, computer monitors, servers, and computer accessories. It was acq ...
during the
dot-com boom The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Compos ...
of the 1990s in their plant in Birr,
Offaly County Offaly (; ga, Contae Uíbh Fhailí) is a county in Ireland. It is part of the Eastern and Midland Region and the province of Leinster. It is named after the ancient Kingdom of Uí Failghe. It was formerly known as King's County, in h ...
, Ireland, which was then moved to
Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ...
. In Stryi and
Kolomyia Kolomyia, formerly known as Kolomea ( ua, Коломия, Kolomyja, ; pl, Kołomyja; german: Kolomea; ro, Colomeea; yi, ), is a city located on the Prut River in Ivano-Frankivsk Oblast (province), in western Ukraine. It serves as the adm ...
, both in
Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...
, the company produces wiring systems for the automotive industry. In 2022, as a result of the
Russian invasion of Ukraine On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...
, production at these sites was halted, causing widespread production stops at European automobile factories.


Subsidiaries


Leoni Wiring Systems Southeast

Leoni AG owns Leoni Wiring Systems Southeast, established on 3 April 2009, with headquarters in
Prokuplje Prokuplje ( sr-cyrl, Прокупље, ) is a city and the administrative center of the Toplica District in southern Serbia. According to 2011 census, the city urban area has a population of 27,333 inhabitants, while the administrative area has 4 ...
, Serbia. It built its facility in Prokuplje on the foundations of bankrupted company "FIAZ Prokuplje" (asbestos manufacturing) in 2009. In 2013 it was reported that the facility in Prokuplje employed 1,750 people. In August 2013, Leoni Wiring Systems Southeast started building its second facility in Malošište (near
Doljevac Doljevac () is a small town and municipality located in the Nišava District of the southern Serbia. According to 2011 census, the municipality has 18,463 inhabitants, while the town has 1,657. Geography The municipality borders Merošina munici ...
), worth 21 million
euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...
s, that would employ 1,500 people by the end of 2014. In July 2017, Leoni Wiring Systems Southeast opened 6,000 square meter facility in the city of
Niš Niš (; sr-Cyrl, Ниш, ; names in other languages) is the third largest city in Serbia and the administrative center of the Nišava District. It is located in southern part of Serbia. , the city proper has a population of 183,164, while ...
and the opening ceremony was attended by
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...
Aleksandar Vučić Aleksandar Vučić ( sr-Cyrl, Александар Вучић, ; born 5 March 1970) is a Serbian politician serving as the president of Serbia since 2017, and as the president of the Serbian Progressive Party (SNS) since 2012. Vučić serve ...
. In 2016, gross revenues were €130.05 million and €6.65 million net income, positioning it as Serbia's 65th largest company by revenue, and 62nd largest by profit. The same year, the company was considered among the 15 largest exporter companies of Serbia, with 147.6 million
euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...
s worth of exports. In 2018, Leoni Wiring Systems Southeast reported that it employs around 6,000 people in three facilities in Prokuplje, Malošište and Niš.


References


External links

* * Manufacturing companies established in 1917 Manufacturing companies based in Nuremberg Wire and cable manufacturers German brands 1917 establishments in Germany {{Germany-company-stub