# Schneider Electric spends HUF 900M on developments in Gyöngyös, Hungary

Schneider Electric spent about HUF 900 million on developments at its factory in Gyöngyös, Hungary, in 2023.

- Type: Investment
- Announced: 2023-12-28
- Where: Gyöngyös, Hungary
- Value: $2.50M (900.0M HUF)
- Status: completed
- Products: developments
- 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: "spent about HUF 900 mln on developments at the factory in Gyöngyös"

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