# Schneider Electric to expand Plovdiv smart factory with €60M investment

Schneider Electric will invest €60 million to expand its smart factory in Plovdiv, Bulgaria, adding 3,000 sq m of production space and three new lines to increase circuit breaker capacity by 30%. The expansion is expected to finish within a year and create 100 jobs by mid-2023.

- Type: Expansion
- Announced: 2022-11-15
- Where: Plovdiv, Bulgaria, Bulgaria
- Value: $62.0M (60.0M EUR)
- Jobs: 100
- Starts operating: 2023
- Status: announced
- Capacity: 30% increase in circuit breaker capacity
- Products: automated circuit breakers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md)

## Sources

- [kinsights.capital.bg](https://kinsights.capital.bg/business/2022/11/15/4415603_schneider_electric_to_expand_bulgarian_smart_factory/), 2022-11-15: "The project will raise the capacity for manufacture of automated circuit breakers by 30%."
- [capital.bg](https://www.capital.bg/en/business/2022/11/15/4415603_schneider_electric_to_expand_bulgarian_smart_factory/), 2022-11-15: "The project will raise the capacity for manufacture of automated circuit breakers by 30%."

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