Multi-million investment planned for automotive supplier in Gerstungen

With a new owner, the ae group in Gerstungen is taking off and is planning investments and new hires.

With around 1,300 employees, the automotive supplier ae group in Gerstungen in the Wartburg district is one of the larger companies in Thuringia. The company, which specializes in aluminium die casting, has now repositioned itself after some turbulent months. "We have had a new owner since January 31," confirmed CEO Christian Kleinjung on Monday in Gerstungen.