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Cabelte – Cabos Elétricos S.A. announced an investment of over €150 million to build a new production unit in Ribeirão, Portugal, next to its current industrial hub. The plant will have a modular warehouse of around 30,000 m² and seven new production lines, increasing medium and high voltage cable production by 30,000 tonnes per year and creating over 200 new jobs.
“This project represents trust, innovation, and the desire to continue growing with Portugal, connecting producers and consumers more efficiently”cabelte.pt
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