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domain	leoni.com
summary	Summary: - Leadership Changes: - Klaus Rinnerberger appointed as new CEO, succeeding Aldo Kamper (effective April 3, 2023). - Hans-Joachim Ziems served as Chief Restructuring Officer and left the company as planned. - Financial Updates: - Leoni AG reported figures for 2022 and forecasted improvements for 2023. - The company agreed on a financial restructuring concept to reduce debt and provide fresh liquidity. - Expansion and Investment: - Leoni will build a new wiring harness plant in Agadir, Morocco, creating 3,000 jobs by 2027. - Expansion of production facilities in Cuauhtémoc due to increased demand for electromobility cables. - Product Innovation: - Leoni aims to transition from a wiring harness expert to a system supplier by reinventing wiring systems with zonal architectures, reducing costs and CO2 footprint. - The company showcased simulation updates at The Battery Show Europe, enabling shortened development cycles without quality deficits. - Leoni expanded its Automotive Cable Solutions division and renamed the Electrical Appliance Cables business unit to Charging Power Solutions. - Miscellaneous: - Leoni celebrated receiving required majorities for its restructuring plan on May 31, 2023. - The company honored top suppliers with a Supplier Award in October 2022.
title	Shaping the future of mobility \| LEONI Group
description	Find out how the LEONI Group is helping to shape the mobility of the future with its innovative cable and wiring systems.
keywords	press, release, wiring, solutions, systems, products, cables, main, menu, supplier, future, board, sustainability, story, markets, system, english
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nslookup	A 212.53.132.9
created	2025-04-19
updated	2025-05-18
summarized	2025-05-18

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