New Schneider Electric Factory in Dunavecse Inaugurated

The new climate-neutral plant will be the French company's fifth factory in Hungary, where it will produce medium-voltage devices for electrical distribution equipment. The investment, worth a total of HUF 31 billion and supported by Hungarian taxpayers through a government decision to the tune of HUF 4 billion, is expected to create five hundred new jobs.

Schneider Electric, a multinational in the energy management and industrial automation sector, said in a statement that 90% of the products manufactured at the plant will be exported to Europe. Schneider Electric's latest investment to increase capacity is designed to meet the increased demand for electrification and digitalization solutions.

The plant is one of Schneider Electric's largest custom manufacturing facilities in Europe. It will be one of the main production centers for Schneider Electric's medium-voltage switchgear, a revolutionary innovation that uses clean air and vacuum technology instead of the Sulphur hexafluoride (SF6) used previously.

"In our smart factory, the focus will be on quality engineering (...) We believe that our state-of-the-art, energy-efficient and sustainable factory in Dunavecse will make a significant contribution to the development of the Hungarian economy and the green turnaround," the statement quotes Zsolt Veres, Country Director of Schneider Electric.

The smart factory's systems are connected to Schneider Electric's digital building services and energy management solutions, and production can be digitally monitored.

Schneider Electric has been present in Hungary since 1991 and employs around 2150 people. The company has factories in Zalaegerszeg, Gyöngyös, Kunszentmiklós and now Dunavecse in Hungary. In Szigetszentmiklós, it operates a regional logistics center (CEElog) serving more than 20 countries, and in Budapest, several European business service centers.