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

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    More like this

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...