2007
The newly-introduced “Code of Ethics” is a code of behavior that commits everyone who works at LEONI to responsible and integrated action. It defines globally uniform values and requirements. The code is based on statutory regulations and stipulates among other things that information must be handled sensitively as well as prohibiting corruption and discrimination.
LEONI is honored for the fourth time by the Corporate Research Foundation as Best Employer of the Year and for the fifth time by General Motors as Supplier of the Year.
The acquisition of the Italian silicone cable manufacturer Silitherm helps LEONI to realize its strategic aim of extending its position in niche markets with high-quality technology. The silicone-insulated cables produced by Silitherm are particularly insensitive to extreme temperatures. The acquisition of Silitherm makes LEONI the market leader for high-temperature cables for vehicles and industrial applications in Europe.
LEONI makes progress in the growing Chinese market in 2007 with the acquisition of Furas, a Spanish manufacturer of cables for electrical appliances specializing in high-quality rubber-insulated and textile-braided cord sets. With this company and its expertise, LEONI will enjoy better access to the European premium market for domestic appliances as well.
With its controlling interest in FiberTech, the Wire & Cable Solutions division is systematically tapping a further market niche with above-average profit potential. FiberTech specializes in the production of high-quality glass fibers and complete fiber optic systems for laser beam transmission, a technology used, for example, in medical technology.
