A new investment project worth over 9 million euros is set to be implemented at ELECTROPLAST, one of the largest producers of low voltage copper and aluminum electrical cables. The project involves almost completely upgrading the factory, along with a series of investments to increase the surface area of the production halls. As a result of this project, ELECTROPLAST's production capacity is expected to triple.
Additionally, in June, ELECTROPLAST will complete the previous investment project started in 2022, by introducing an equipment with a major impact on increasing production capacity (shielding-armoring line) into the manufacturing process. The total value of the project approved in 2022 is over 2.9 million euros.
In parallel with the retooling process, ELECTROPLAST has completed an investment in the digitalization area by implementing an Industry 4.0 solution aimed at real-time monitoring of operating parameters for two-thirds of the production equipment.