More
    HomeBusiness & InvestmentsInvestmentsSchneider Electric implements 44 million Euro investment in Hungarian factory

    Schneider Electric implements 44 million Euro investment in Hungarian factory

    Published on

    Schneider Electric, leader in the digital transformation of energy management and automation, is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse (Hungary), which opened last year. The new facility, covering 18,000 square metres, is being constructed with an investment of 44 million Euro.

    Schneider Electric is adapting its capacity flexibly in response to market demands while adhering to a principle of gradual growth. The expanded facility will focus on manufacturing low-voltage distribution equipment marking the introduction of these products at this site.

    The development will occur entirely on the 10 hectares of land already owned by Schneider Electric, which was chosen prior to the launch of the first phase of DSPS for its suitability for future expansion.

    Last May, the company inaugurated the Duna Smart Power Systems (DSPS) plant in Dunavecse, one of its largest production facilities in Europe. It serves as the main European production centre for the company’s latest SF6-free medium-voltage switchgear RM AirSeT, as well as medium-voltage air-insulated switchgears for both Europe and global markets.

    “As a leading global industrial technology company, Schneider Electric is a trusted partner in sustainability and energy efficiency through electrification and digitalization. The expansion of our Dunavecse factory responds to the significant market demand for low-voltage distribution equipment globally”, said Yann Reynaud, Schneider Electric’s Senior Vice President, Global Engineering to Order Operations.

    Latest articles

    Transelectrica proposes 8 measures to boost investments for new production capacity connections

    Transelectrica, acting as the Transmission and System Operator (TSO), participated today in the public...

    Hidroelectrica surpasses 70 billion RON market cap milestone at Bucharest Stock Exchange

    Today, April 16, 2026, at the opening of trading, Hidroelectrica's market value crossed the...

    Leonardo Badea, First Deputy Governor of the National Bank of Romania: Modernizing Romania through integration and convergence

    Romania has made significant progress in the process of aligning with the standards of...

    tbi bank appointed Armen Matevosyan as Chief Data, AI & Monetization Officer

    tbi bank announces the appointment of Armen Matevosyan as Chief Data, AI & Monetization...

    More like this

    Transelectrica proposes 8 measures to boost investments for new production capacity connections

    Transelectrica, acting as the Transmission and System Operator (TSO), participated today in the public...

    Hidroelectrica surpasses 70 billion RON market cap milestone at Bucharest Stock Exchange

    Today, April 16, 2026, at the opening of trading, Hidroelectrica's market value crossed the...

    Leonardo Badea, First Deputy Governor of the National Bank of Romania: Modernizing Romania through integration and convergence

    Romania has made significant progress in the process of aligning with the standards of...