Leoni moves factory from Czech Republic to Wroclaw

Leoni AG, which is a part of German group Leoni, and supplies wires and cables to companies like Daimler Chrysler, Audi, VW and Land Rover recently decided to move its factory from the Czech Republic to a new plant in Wierzbice near Wroclaw. The site was constructed in 10 months at a cost of euro 17 million. The company is hoping to increase its competitiveness in this way. Leoni said that the Polish plant is better located in terms of logistics, as it lies close to the highway and only 80 kilometers from its copper supplier, which allows for faster and cheaper deliveries. Moreover, the company believes that the new plant would allow cost to be significantly cut, which would decrease prices and so respond to an increasingly competitive market. The Leoni factory currently employs 140, which could increase to 150 by the end of the year. (Prawo i Gospodarka, p. 5) M.M.