Drekslmajer to close Zrenjanin factory, affecting 1,000 workers

German automotive wiring harness manufacturer Drekslmajer has announced it will close its factory in the Zrenjanin industrial zone by the end of March 2027. The company stated that it was unable to secure new projects for the facility, leading to the decision to halt current projects by late January 2027.

The closure follows a decline in production volume within the European automotive industry, which resulted in a lack of new orders. The plant, which has operated for 19 years, previously employed over 6,000 workers at its peak and currently employs approximately 1,100 people.

Management confirmed that all employees will receive severance packages in accordance with the company’s technological redundancy program and collective agreement. A gradual reduction in production will affect 85 percent of the workforce through January.