# Fanuc invests €130M in European expansion, plans new technical center in Germany

Fanuc announced a €130 million investment in 2022 to strengthen its European presence, including a new €20 million technical center in Germany expected to go live in 2023.

- Type: Investment
- Announced: 2022-04-27
- Where: Germany, Germany
- Value: $142.0M (130.0M EUR)
- Starts operating: 2023
- Status: announced
- Products: CNC controllers, robots, cobots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fanuc](https://endata.com/companies/11003.md)

## Sources

- [machinery.co.uk](https://www.machinery.co.uk/content/news/fanuc-hits-five-millionth-cnc-milestone-as-european-expansion-gears-up), 2022-04-27: "Artificial intelligence in CNC control helps to make technological processes more efficient, as well as improve machine running times and production quality."

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