Schneider Electric invests €40 million in new smart factory in Hungary

Schneider Electric has broken ground on its new smart factory in Dunavesce, Hungary. With a planned investment of €40 million, the new site will span 25,000 m² and have a headcount of 500 employees.

The 36th smart factory in Europe, this will be the 22nd engineering-to-order factory in the region, producing primary and secondary switchgears, low voltage cabinets and components, and state-of-the-art SF6-free AirSeT medium voltage switchgear range, all made-to-order to individual customers’ specifications.

From the first day of production, expected in 2024, the factory will be net zero. Geothermal energy and rooftop solar will power the site, and Schneider Electric’s EcoStruxure energy management solutions will maximize its energy efficiency.

“Europe is an important region for Schneider Electric,” said Frederic Godemel, executive vice president for power systems and services at Schneider Electric. “This new smart factory is one example of how we are bolstering our capacity to meet the increase in demand as Europe accelerates through the energy transition and strengthens its energy independence.”