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

In its annual report for FY 2023-24 (ending March 31, 2024), Motherson Sumi Wiring India Limited (MSWIL), a group company of Motherson Group, announced that it is establishing two new plants in Navagam (Gujarat) and Pune (Maharashtra) equipped to manufacture high and low-voltage harnesses and components. It will come

In its annual report for FY 2023-24 (ending March 31, 2024), Samvardhana Motherson International Limited announced that its Wiring Harness Division (WHD) inaugurated a cutting-edge facility in Huakai Siping, China. It is focusing on high-voltage wiring harnesses, stamping, and injection molding parts. The division al

In its annual report for FY 2023-24 (ending March 31, 2024), Samvardhana Motherson International Limited announced that its “Wiring Harness” division (WHD) experienced significant organic growth in all regions. The division has won contracts including supplying high-voltage solutions for both passenger and commercial

On July 25, Chihuahua Electrical Wiring Systems (CEWS) officially inaugurated its new plant in the Mexican state of Campeche, in the Solidaridad Urbana housing unit.
With this new plant, dedicated to the manufacturing of automotive harnesses, companies such as Kia and Hyundai will be supplied, creating more than 2,20

The Egyptian Minister of Industry and Transport met with the representatives of Leoni Egypt company. The meeting tackled the current projects of the company in the Egyptian market and the future projects that the company is to establish in Egypt in the coming period.
The minister reviewed the company’s project to est

Leoni AG announced that it will initially downsize and cease the production of its subsidiary Leoni Bulgaria EOOD and its plant in Pleven with 1,300 employees by the end of 2024.
The decision followed a lacking long-term strategic and financially sustainable continuation perspective. The main reasons are difficulties

Leoni AG (Leoni) revealed LIMEVERSE, a 100% circular product line, to the public for the first time at its Press TechDay "Driven by Sustainovation" in Roth, Germany, on July 10, 2024.
The cables in the product line are 100% recyclable and reduce the CO2 footprint by up to 50% compared to conventional cables.
The high