# KION Group expands smart factory complex near Stříbro with distribution centre

KION Group is building a fourth building in Panattoni Park Stříbro, a distribution centre for Urban Transporte, to dispatch handling equipment and serve as a logistics hub for Central and Eastern Europe. The project is valued at over CZK 250 million (EUR 9.6 million) and will create over 30 jobs.

- Type: Expansion
- Announced: 2021-10-19
- Where: Stříbro, Panattoni Park Stříbro, Czechia
- Value: $11.2M (9.60M EUR)
- Jobs: 30
- Status: announced
- Capacity: 9,500 sqm
- Products: handling equipment, forklift trucks, conveyor systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [KION Group](https://endata.com/companies/16287.md)
- [Panattoni](https://endata.com/companies/6695.md) (partner)
- [Accolade](https://endata.com/companies/6871.md) (partner)
- [Urban Transporte](https://endata.com/companies/58521.md) (partner)

## Sources

- [panattonieurope.com](https://panattonieurope.com/en-cz/newsroom/kion-groups-smart-factory-complex-near-stribro), 2021-10-19: "The value of the project will be more than 250 million CZK and will create over 30 new jobs."
- [accolade.eu](https://accolade.eu/en/news/176/kion-group-s-smart-factory-complex-near-stribro-to-be-expanded-with-urban-transporte-distribution-centre), 2021-10-19: "The expansion of the complex of smart factories near Stříbro proves that we are no longer an assembly plant of Europe for major players in the global industry."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.