The largest industrial company in Nuremberg is LEONI AG with sales of 4.8 billion euros (2019). LEONI AG is also part of our list of the largest industrial companies in Germany. The company’s business is divided into the two divisions Wire & Cable Solutions (Wire & Cable) as well as Wiring Systems. With its products, LEONI is a key supplier to the automotive industry. Cable solutions and conductors form the core business of this long-established company. It supplies not only carmakers but also other sectors (manufacturers of household and electrical appliances, power utilities, infrastructure providers, healthcare facilities, mechanical engineering, IT manufacturers and others). This article is based on the unique List of the 1000 largest industrial companies in Germany.
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As a traditional Nuremberg company, entirely dedicated to Lionian goods
LEONI today operates globally and has nearly 95,000 employees worldwide. The Company has production facilities in Germany, Slovakia, Turkey, Poland, China and Mexico. It also has a global sales and engineering network. The company name is derived from the leonian goods. This is how products made of wire mesh are described. Since the late Middle Ages, Nuremberg has been a centre of the Leonese industry in Germany. LEONI’s beginnings can be traced back to 1569. In 1917, various Nuremberg-based electronics companies merged to form Leonische Werke Roth-Nürnberg AG. This later became what is now LEONI AG. The shares of the company are in free float.Source: Listenchampion Picture source: Unsplash