On January 24, MD Elektronik Gmbh signed a project investment agreement with Jintan Economic Development Zone. With a total investment of over 35 million Euros, the project is mainly engaged in the production of automotive information and communication components, and is expected to be fully operational in 2020. Robert Hoffman, president of MD Elektronik, and district leaders Shen Dong and Liu Xiaoping attended the signing ceremony.
Shen Dong, chief of Jintan District, expressed warm congratulations on the signing of the project. He said that the signing of the project has expanded the international “friend circle” of Jintan, which will not only open a new chapter for MD Elektronik’s development in China, but also promote the development of the automotive core parts industry in Jintan. In the future, Jintan will further optimize the business environment and provide more efficient services to support enterprises’ development.
Robert Hoffman said that Jintan has a beautiful environment, a solid industrial foundation and good government services. He is full of confidence and expectation for the development prospects of the project in Jintan.
Founded in 1989, MD Elektronik currently has 42 plants on 3 continents. The company's main products include coaxial cable assemblies, multi-core high-level signal transmission cables, cable modules, sensing cables, etc. The main customers are world-leading automobile producers such as BMW, Porsche. Mercedes-Benz and Volkswagen.
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