Schneider Electric to build new plant in Hungary

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Schneider Electric is to build a HUF 16 billion smart factory in Dunavecse (central Hungary), where production is expected to start in 2024. The plant will produce medium-voltage products for electrical distribution equipment, the company said on Wednesday.
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Schneider Electric, the energy management and industrial automation solutions company, is building its newest production plant in Dunavecse. The smart factory will sprawl on 20,000 square metres, will be carbon-neutral and will manufacture medium-voltage products for electrical distribution equipment using the most advanced industrial technology. The new plant will be able to fully meet the needs of the European market, the company said.

THE PLANT IS EXPECTED TO sTART PRODUCTION IN 2024 AND IS planned TO PROVIDE 500 JOBS FOR PEOPLE LIVING IN THE AREA AFTER 2025.

Schneider Electric has been present in Hungary since 1991. The company, which employs around 2,000 people in Hungary, currently has four factories (two in Zalaegerszeg, one in Gyöngyös and one in Kunszentmiklós) and a regional logistics centre (CEElog Szigetszentmiklós) serving more than 20 countries. It also has a Business, Sales and Customer Service Centre (Front Office) in Budapest and a European headquarters for its Energy and Sustainability Business (SB). The company's global finance and procurement services centre (GSC, Global Supply Chain) is also located in the Hungarian capital.

Cover photo: MTI /György Varga

 

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