Peugeot is coming to North Rhine-Westphalia
The French automobile manufacturer Peugeot is relocating its German headquarters to Cologne, where its sister brand Citroën is already based.
The previously separate company headquarters of Citroën in Cologne and Peugeot in Saarbrücken are to be merged in North Rhine-Westphalia. Citroën and Peugeot, which will remain independent of one another and operate separately on the auto market, plan to start working at the new location in Cologne before the end of this year. All of the approx. 300 employees at the Peugeot headquarters will be offered a job here.
"The merger of the German headquarters of Peugeot and Citroën in Cologne is an indication of the attractiveness of North Rhine-Westphalia as a business location," says Prime Minister Hannelore Kraft. With approx. 800 companies and 200,000 employees, North Rhine-Westphalia is one of the most important automotive locations in Germany. In addition, research and development networks are working here intensively on the future of mobility.
This decision will also serve to strengthen Cologne and the region as an automotive location. The headquarters of Ford-Werke and Ford Europa are to be found here. Furthermore, the importers Toyota and Volvo control their German business activities from here. The German headquarters of Renault and Nissan are located in Brühl, and Mazda is based in Leverkusen.