# Schneider Electric launches HUF 5B production upgrades in Zalaegerszeg, Hungary

Schneider Electric launched around HUF 5 billion of production upgrades at its base in Zalaegerszeg, Hungary, in 2023.

- Type: Expansion
- Announced: 2023-12-28
- Where: Zalaegerszeg, Hungary
- Value: $14.0M (5.00B HUF)
- Status: announced
- Products: production upgrades
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [bbj.hu](https://bbj.hu/business/industry/manufacturing/schneider-electric-invests-billions-in-hungary-in-2023/), 2023-12-28: "Schneider Electric also launched around HUF 5 bln of production upgrades at its base in Zalaegerszeg"

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