Opel parent company PSA set to bundle its Germany-wide activities in Hessen

© Opel Automobile GmbH

The Opel parent company PSA plans to relocate the headquarters of its remaining three brands Peugeot, Citroen, and DS from Cologne to the Hessian city of Rüsselsheim by the end of 2019. Although the business community has indicated that a final decision on the exact site of the headquarters within Rüsselsheim has yet to be made, the current Opel grounds are widely expected to serve as the new location. Furthermore, the plan calls for the relocation of approximately 180 employees from Cologne to the new central-German site. Opel CEO Michael Lohscheller emphasized that the premises of his company’s headquarters would provide for a “robust infrastructure and enable the creation of additional synergies.”

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