LEONI Serbia

What LEONI Serbia does

LEONI Serbia (legal entity: LEONI Wiring Systems Southeast), headquartered in Prokuplje, Central Serbia, is a wholly-owned subsidiary of German LEONI AG and one of the largest industrial employers in Serbia with approximately 7,000 employees across three active production plants: Prokuplje (opened 2009), Niš (opened 2017), and Kraljevo (opened 2018). A fourth plant in Maloševac is being gradually phased out by end of 2025 due to significant losses, reducing total workforce from a peak of approximately 12,500 to roughly 8,000. The company manufactures complex, customer-specific cable harnesses and wiring systems for premium global automotive OEMs and commercial vehicle manufacturers, with 100% of Serbian production exported. LEONI Serbia ranked among the seven largest Serbian exporters in 2024 with export value of €489 million in 2023 (a 33% year-over-year increase), paid approximately €48 million annually in taxes and contributions, and sourced approximately €41 million annually from 700+ local Serbian suppliers.

The company's core products are cable harnesses and zone architecture wiring systems designed to manage energy distribution and data transmission within vehicles, supporting automotive trends including autonomous driving, electric powertrains, and connected mobility. Underlying technology includes proprietary zone architecture systems that reduce complexity and enable higher automation levels, as well as charging system wiring for EV infrastructure. The business model is B2B contract manufacturing under long-term supply agreements with global automotive OEMs; revenue is generated through hardware sales of customer-specific wiring systems with no publicly disclosed pricing. Distribution is exclusively direct to OEM production facilities. The company partners with 700+ local suppliers and engages in community, educational, and dual-education programs to develop its workforce.

The parent LEONI AG was acquired by Chinese electronics manufacturer Luxshare-ICT in July 2025, with Luxshare purchasing a 50.1% stake in the Wiring Systems Division and its subsidiary TIME Interconnect acquiring 100% of the Automotive Cable Solutions (ACS) division; Luxshare subsequently increased its LEONI AG ownership to 74.9% by May 2026. LEONI AG reports group-wide operations across 21 countries, approximately 86,000 employees, and consolidated sales of €3.9 billion in 2025 excluding the former ASC division. The partnership is intended to combine LEONI's European and American OEM relationships with Luxshare's access to high-growth Chinese EV customers including Tesla.

Name

LEONI Serbia

Legal name

LEONI Wiring Systems Southeast

Website

https://leoni-serbia.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

LEONI Serbia is a manufacturer of complex customer-specific cable harnesses and wiring systems for premium global automotive OEMs, operating three plants in Serbia with about 7,000 employees and exporting 100% of its production. It is a subsidiary of LEONI AG, majority-owned by Luxshare-ICT since 2025.

Ownership category

akta.pro rank

Product category

Automotive Wiring Systems

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)

SIC

Electronic Connectors (3678)

akta.pro primary industry

Vehicle Wiring Harnesses & Cable Assemblies Manufacturing (IMACAJAA)

Keywords

• Automotive wiring systems
• Cable harness manufacturing
• Automotive components
• Wire harness production
• Automotive electrical systems

Headquarters

HQ city

Nuremberg

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Others

Revenue model

1. Automotive Wiring Systems Manufacturing: LEONI generates revenue through the design, development, and manufacturing of complex wire systems and customer-specific cable harnesses for the automotive industry. The company produces wiring systems for premium automobile manufacturers and commercial vehicles. Revenue is derived from long-term supply contracts with OEMs, with the full production exported.
2. Component Supply: LEONI's value chain also includes related components, from development to production, supporting the core wiring systems business

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

LEONI Serbia (legal entity: LEONI Wiring Systems Southeast) manufactures complex, customer-specific cable harnesses and wiring systems for premium-class global automotive OEMs and commercial vehicle manufacturers. The company produces zone architecture wiring systems that manage energy distribution and data transmission within vehicles, supporting autonomous driving, electric mobility, and connected car functionality. All production is exported, and the company operates three manufacturing plants in Serbia (Prokuplje, Niš, Kraljevo).

Product overview

LEONI Serbia is a manufacturing company producing cable harnesses and wiring systems for premium-class automobile manufacturers. The company operates as part of the LEONI Group (a global supplier of energy and data management solutions for the automotive industry) and operates three production facilities in Serbia — in Prokuplje (established 2009), Niš (2017), and Kraljevo (2018). The product portfolio centers on customer-specific wired cable harnesses and complex wiring systems, with related components across the development-to-production lifecycle. As of mid-2025, LEONI AG became majority-owned by Luxshare-ICT (50.1% stake), with Luxshare subsidiary TIME Interconnect acquiring 100% of the Automotive Cable Solutions (ACS) division.

Differentiator

Problem solved

Functional benefit

Products and services

• Cable Harnesses (Kablovski Snopovi)
• Wiring Systems (Žičani Sistemi)
• Related Automotive Components

Quantifiable outcome

• Over 50% of product value is newly created value through manufacturing

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Luxshare-ICT (Luxshare Precision)coreStrategic or Co-development Partner · 10 July 2025Strategic partnership established in mid-2025 where Luxshare acquired 50.1% stake in LEONI AG with Wiring Systems Division (WSD). Additionally, Luxshare subsidiary TIME Interconnect acquired 100% of LEONI's Automotive Cable Solutions (ACS) division. The partnership combines LEONI's relationships with global OEMs with Luxshare's connections to high-growth customers including Tesla and major Chinese automakers.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Nexans: Global cable and wire manufacturer serving automotive, energy, and telecom markets. Comparable across the broader wire-harness and cable-assembly value chain, though it operates at a much broader scale.
• TE Connectivity: Global manufacturer of connectivity and sensor solutions, including automotive connectors and wiring components. Overlaps with LEONI in the electrical/electronic vehicle component chain.
• Lear Corporation: Global automotive seating and electronics supplier with a wiring-harness and electrical-distribution business (Lear's E-Systems). Overlaps with LEONI in wiring systems and serves similar premium OEM customers.

Direct peers

• Sumitomo Wiring Systems (Sumitomo Electric): Major Japanese automotive wiring-harness manufacturer serving global OEMs. Competes head-to-head with LEONI for OEM contracts and is among the largest players in the segment.
• Yazaki: One of the world's largest manufacturers of automotive wiring harnesses, with global production footprint serving major OEMs. Closest direct competitor to LEONI in core cable-harness manufacturing.
• Furukawa Electric: Japanese manufacturer of automotive wiring harnesses and related electrical components through its automotive systems division. Competitor in global OEM supply contracts.
• Aptiv: Global Tier-1 automotive supplier of vehicle electrical architectures, including wiring harnesses and connectivity systems. Directly comparable to LEONI as one of the largest wiring-harness manufacturers worldwide serving premium OEM customers.
• Kromberg & Schubert: Privately held German manufacturer of automotive wiring harnesses and cable systems, serving global premium OEMs. Closely comparable mid-sized European competitor to LEONI.
• PKC Group (Motherson): Designs and manufactures wiring harnesses for commercial vehicles and premium passenger cars, now part of Samvardhana Motherson Group. Direct competitor focused on heavy-duty and automotive harness markets.

Regional players

• THB Group (Harnischfeger / THK): Specialist European wiring-systems manufacturer with Eastern European production footprint, serving premium OEMs. Comparable to LEONI Serbia in terms of customer base and product specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/leonigruppe
• Facebookfacebook.com/LeoniSrbija
• LinkedInlinkedin.com/company/leoni-serbia

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LEONI Serbia