Leoni, a global provider of products and solutions for energy and data management in the automotive sector and other industries, has officially opened its fourth plant in Serbia, in the city of Kraljevo.
The site is not only the biggest Leoni plant in Serbia but it also employs the largest number of people at full capacity (up to 5,000 by the end of 2023), making the company overall the largest private industrial employer in Serbia. Leoni has so far invested over 50 million EUR in building and equipment for its new production facility.
The entire building has more than 60,000sqm, out of which 45,000sqm will be used for production. The site is the first new plant built in almost 30 years in the region of Kraljevo and is expected to significantly contribute to the decrease of the unemployment rate, higher living standard in the area, and facilitate the town’s economic development.
Aldo Kamper, CEO of Leoni said at the ceremony marking the official opening of Leoni Kraljevo plant: ‘We are grateful for the very professional support of the authorities over all these years. We are happy to be able to tap into a large pool of dedicated and motivated employees here. And we are glad that we are contributing to raising the general standard of living in the region with our commitment in recent years. I think that’s what you call a win-win situation.’
The President of the Republic of Serbia, Aleksandar Vučić, and the Mayor of City of Kraljevo, Predrag Terzić, also attended the opening ceremony.
On the occasion, the Serbian President said Leoni is willing to take in between 400 and 600 workers from the South Korean company, Yura Shinwon, which has recently closed a segment of its production in Niš.
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