Denmark, Sept. 1 -- Kitron plans to build a new factory for its Danish operations in Horsens, Denmark. The investment is needed to accommodate expected growth in the coming years, driven by growth from new and existing customers in demand for localized production with strong industrialization capabilities. Kitron will own the new facility, which will have a gross area of 8,850 square meters. It will replace the current site in Horsens, where Kitron's Danish operation is housed today. Construction is expected to begin in January 2027, with the facility to be ready for operation in early 2028. The plans also call for a significant staff expansion, from approximately 150 employees today to around 250 when the new factory is fully utilised.
Pu...