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Vitesco to build EUR 188 million factory in Ostrava-Hrušov, Czech Republic · Endata

◂ Announcements

Jan 26, 2024NEW FACILITYOstrava-Hrušov, Czechia

Vitesco to build EUR 188 million factory in Ostrava-Hrušov, Czech Republic

Vitesco Technologies announced plans to build a 38,000 sqm manufacturing and logistics center in Ostrava-Hrušov, Czech Republic, with an investment of over EUR 188 million. The facility will produce advanced high-voltage components and is set to start operation by 2024.

Value

$204.0M (188.0M EUR)

Jobs

150

Starts operating

2024

Status

Announced

Capacity

38,000 sqm

Productshigh-voltage components

CompaniesVitesco Technologies

Sectors#Automotive Components

“Vitesco Technologies Group AG (Vitesco) announced its plan to build a new manufacturing and automated logistics center in Ostrava-Hrušov, Czech Republic, with an investment of more than EUR 188 million.”marklines.com

2 sources
marklines.com[Gen-AI Analysis] Vitesco to establish EUR 188 million factory in Ostrava-Hrušov, Czech Republic - MarkLines Automotive Information & Gen-AI PlatformJan 26, 2024
electrive.comNew Vitesco plant for power electronics to be built in the Czech Republic - electrive.comChris RandallJan 29, 2024

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

More from Vitesco Technologies

Feb 26, 2024ACQUISITIONGermany
Schaeffler and Vitesco set share exchange ratio for planned merger
Schaeffler acquirer Vitesco Technologies target reuters.com schaeffler.com chargedevs.com
Jan 15, 2024CONTRACT$305.0M
ZJWL Drive System to supply EV motors to Vitesco Technologies
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Dec 18, 2023CONTRACTChina, China$654.0M
Vitesco Technologies wins EUR 600M order for 400V motor stators and rotors from Chinese client
Vitesco Technologies marklines.com
Nov 27, 2023ACQUISITIONHerzogenaurach, Germany
Schaeffler signs business combination agreement to acquire Vitesco Technologies
Schaeffler acquirer Vitesco Technologies target eqs-news.com schaeffler.com accessnewswire.com
Nov 16, 2023NEW FACILITYIcheon, South Korea, South Koreaops 16 Nov 2023
Vitesco Technologies opens new factory in Icheon, South Korea
Vitesco Technologies Hyundai Motor Company customer autotechinsight.spglobal.com
Nov 16, 2023EXPANSIONIcheon, South Korea, South Korea$87.0Mops 2024
Vitesco opens new production area for EMR4 drive in Icheon, South Korea
Vitesco Technologies Hyundai Motor Company customer electrive.com everythingpe.com

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