Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Leoni cuts workforce at Romanian plant amid declining...

Leoni cuts workforce at Romanian plant amid declining electric vehicle demand

July 23, 2024

German automotive wiring manufacturer Leoni has announced plans to reduce the workforce at its factory in Bistriţa, central Romania, two months after it closed a smaller production unit in the country. 

Leoni will cut its workforce by 10%, impacting approximately 360 employees out of its 3,600-strong team. 

This decision is driven by a significant drop in orders for electric vehicles (EVs). 

"In the economic context generated by the drastic decline in orders...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/leoni-cuts-workforce-romanian-plant-july-2024
Read in full - click here
Cargus: 15% increase in delivery volumes during Black Friday weekend, driven by international customers and sales in the fashion segment

Cargus, one of Romania’s leading courier companies, recorded a 15% rise in delivery volumes over the Black Friday weekend, 7-10 November, compared to the same period in 2024. In total, the company delivered almost half a million parcels per day nationwide. These results confirm the positive trend of the e-commerce market and highlight Cargus’s strong […]

Romania evacuates residents near Danube border after Russian drone strike in Ukraine ignites LPG vessel

Romanian authorities carried out preventive evacuations in the village of Plauru in Tulcea county early Monday, November 17, after a drone attack on the Ukrainian port of Izmail ignited a liquefied petroleum gas (LPG) vessel located close to the Romanian border, officials said. The fire, triggered during overnight strikes by Russian forces on targets near […]

World’s Largest Lesson organized in Romania by UNICEF

UNICEF is inviting teachers and students across Romania to take part in the 2025 edition of the World's Largest Lesson, held between November 17 and 25 to mark World Children's Day. Celebrated each year on November 20, the day commemorates the adoption of the UN Convention on the Rights of the Child in 1989, "the […]

PPC Group connects 130 MW photovoltaic park in Romania

PPC Group has expanded its renewable energy portfolio in Romania with the addition of a new 130 MW photovoltaic plant in Călugăreni, located 40 kilometers south of Bucharest. The project has recently been connected to the national grid. The plant was built using 227,240 bifacial photovoltaic panels and is expected to generate more than 193 […]

Civic groups protest against judicial leaders as CSM and High Court warn of rising hostility

Several civic organisations held a protest last week targeting the leadership of Romania’s judiciary, after accusing senior magistrates of overstepping their institutional roles, Epochtimes-romania.com reported. The groups - Iniţiativa România, Corupţia ucide,...

Romania’s Govt. wraps up talks with magistrates, to sketch pension law this week

The ruling coalition will no longer negotiate with the Superior Council of Magistracy (CSM) and the High Court (ICCJ) on the magistrates’ pensions law but instead will come up with a revised version of the bill by November 18, inviting magistrates’ associations to demonstrate their loyalty by issuing the necessary consultative opinion timely, such to […]