“On April 18, 2024, Leoni Wiring Systems Ro SRL notified the Finance Ministry of the decision to drop implementation of the investment project that was the object of the Funding Agreement 258/ October 18, 2023. As a result, the Funding Agreement 258/ October 18, 2023, was cancelled on April 29, 2024. By the time the Funding Agreement was cancelled, no payment from the approved state aid had been made,” the Finance Ministry representatives told ZF.
Leoni started a layoff campaign in 2024 first in order to focus on electric cars and now, in Bistrița, because of the weak sales of electric cars, the company said. It May it announced it would close the Ludus, Mures County plant, which employed 200.
(English version by Loredana Fratila-Cristescu)