Schneider Electric, a frontrunner in the digital transformation of energy management and automation, is enhancing its Duna Smart Power Systems (DSPS) smart factory located in Dunavecse(Hungary), which commenced operations last year. The new facility, spanning 18,000 square meters, is being developed with an investment of €44 million.
Schneider Electric is flexibly adjusting its capacity in response to market needs while following a principle of steady growth.
General information, details, and location of Schneider’s investment in Hungary:
The enhanced facility will concentrate on the production of low-voltage distribution equipment, signifying the introduction of these products at this location. The development will take place entirely on the 10 hectares of land already owned by Schneider Electric, which was selected before the commencement of the first phase of DSPS due to its potential for future expansion. In May of last year, the company opened the Duna Smart Power Systems (DSPS) plant in Dunavecse, one of its largest manufacturing sites in Europe.
This facility acts as the primary European production hub for the company’s innovative SF6-free medium-voltage switchgear RM AirSeT, as well as medium-voltage air-insulated switchgear for both European and global markets.
Schneider Electric implements a 44 million Euro investment in its Hungarian factory
Schneider Senior Vice President comments about this investment:
“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.
Schneider’s new investment in new technologies:
The initial phase of the DSPS was not only aimed at improving sustainability and energy efficiency but also at optimizing building operations.
Schneider Electric‘s EcoStruxure, which is an IoT-enabled, plug-and-play, open, and interoperable architecture and platform, incorporates sophisticated online monitoring systems and communication network tools to avert failures and facilitate prompt interventions. In acknowledgment of Schneider Electric‘s dedication to sustainability and efficiency, the company has recently been recognized as the world’s most sustainable company by TIME magazine and Corporate Knights.
Furthermore, the DSPS has garnered multiple accolades, including first place in the Industry category of the Hungarian Real Estate Development Excellence Award, the Zero Carbon Award in the new construction category from the Hungarian Green Building Association (HuGBC), and recognition as one of the top three projects last year.
About Schneider Electric:
Schneider Electric is a French multinational corporation that specializes in digital automation and energy management.
Registered as a Societas Europaea, Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.
In fiscal year 2024, the company posted revenues of €38.15 billion.
Schneider Electric is the parent company of Square D, APC, AVEVA, and others. It is also a research company.
