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Schneider Electric invests €40 million in smart factory in Dunavecse, Hungary · Endata

◂ Announcements

Aug 22, 2023NEW FACILITYDunavecse, Hungary

Schneider Electric invests €40 million in smart factory in Dunavecse, Hungary

Schneider Electric has begun construction of a new smart factory in Dunavecse, Hungary, with a planned investment of €40 million. The 25,000-square-meter facility will produce power distribution switchgear and employ 500 people, with production scheduled to start in 2024.

Value

$44.0M (40.0M EUR)

Jobs

500

Starts operating

2024

Status

Under construction

Productsprimary power distribution switchgearsecondary power distribution switchgearlow-voltage switchgearAirSeT medium-voltage switchgear

CompaniesSchneider Electric

Sectors#Electrical Equipment

“The new plant in Dunavecse will be a flagship factory in Europe for medium voltage technology.”en.ceo.com.pl

1 source
en.ceo.com.plSchneider Electric invests €40 million in a smart factory of the future in HungaryRedakcjaAug 22, 2023

Summarized from public sources; check the original articles before acting on it.

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