• Home -
  • Germany’s Marquardt expands its activities in Tunisia

Germany’s Marquardt expands its activities in Tunisia

25/09/2024

On Wednesday 25 September 2024, the German group Marquardt inaugurated its third plant in Tunisia for the manufacture of automotive components, located at NEOPARK El Fejja in the industrial zone.

The plant, which specialises in the manufacture of electronic and electromagnetic components for leading car brands on the international market, represents an investment of almost 200 million Tunisian dinars. It is expected to generate more than 1,000 jobs, making a significant contribution to the local economy.

‘This investment shows us that we are heading in the right direction, and that we are going to support this path with all our partners’, said the Minister of the Economy and Planning, Samir Abdelhafidh, at the inauguration ceremony, stressing the importance of partnerships with foreign companies such as Germany’s Marquardt.

Germany is one of Tunisia’s main trading partners. To date, German companies have invested around €2.3 billion in the country, creating more than 91,000 jobs through 310 companies.

For his part, Harald Marquardt, Chairman of the Group’s Board of Directors, was enthusiastic about this new expansion. ‘We’ve been here for 33 years, and this is our third plant in Tunisia. We believe in this country and its people,’ he said. He added that the Marquardt Group continues to strengthen its ties with Tunisia, building on a long-standing relationship with the Tunisian government and people.

Harald Marquardt also emphasised the quality of the Tunisian employees and the stability of the relationship between his company and Tunisia. ‘Looking at how many of our employees have been with us for more than 10, 15 or even 20 years, we think we are a good employer, and we have very good employees who achieve what we want.’