ETI Elektroelement gets EUR 2.3m subsidy for automatisation

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Izlake – ETI Elektroelement Izlake, one of the world’s biggest manufacturers of fuses, switches and circuit breakers, has won a EUR 2.3 million subsidy for a EUR 15 million investment to automate and digitalise its production process. Speaking with the STA, ETI said they were planning a new package of automation and digitalisation over the next two years to expand production capacity and increase value added and sales by 2025. As part of the subsidised investment ETI says it will keep 856 existing jobs, including at least 146 high-qualified staff,…

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