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Diversity and inclusion are the core of our success 
Deputy Prime Minister opens new factory in Smedjebacken
New expanded HVDC factory in Dalarna in central Sweden to meet the demand for large-scale power transmission over long distances
Factory will have an equal workplace with over 50 percent women in production
modern factory in Smedjebacken with Ebba Busch
Minister of Energy and Industry and Deputy Prime Minister
and local business representatives and employees
Hitachi Energy in Sweden is on a growth journey
with extensive investments and new recruitments driven by the accelerating demand for the energy transition
The investment in Smedjebacken is part of the company's expansion initiatives
The expansion includes a new 3,300 sq m factory in Smedjebacken
which will increase the production of advanced power electronic valves in high-voltage direct current transmission (HVDC) and power quality solutions
which began construction at the beginning of 2024
with production expected to start after the turn of the year
The new facilities expand the existing Hitachi Energy factory in Smedjebacken
while further expansion of HVDC operations in Ludvika is underway and is expected to be completed in early 2025
The demand for our world-leading HVDC technology is extensive
and today we confirm our commitment to continue investing and expanding our production in Sweden
HVDC technology is pivotal in the evolution toward a sustainable energy system
transforming our power grids and driving a clean
we work consciously to enhance diversity and inclusion
Distinctive for the factory in Smedjebacken is the dedication to achieving an even gender distribution in the workplace."
Hitachi Energy signed one of Sweden's largest export contracts
the company announced an extensive investment and capacity increase at the plant in Ludvika
This is part of Hitachi Energy's expansion plan to invest approximately SEK 3.7 billion to expand its operations in Sweden across the entire product portfolio and to recruit an additional 2,000 employees by 2027 to contribute to the clean transition
Hitachi Energy has over 6,500 employees in Sweden
based out of approximately 16 locations in the country
and in Västerås with approximately 1,200 employees
This year marks the 70th anniversary of High-Voltage Direct Current (HVDC) technology
a transformative force that has revolutionized power transmission and enabled the integration of renewable energy on a global scale
HVDC technology has evolved over seven decades to become the cornerstone of efficient
the company has integrated more than 150 gigawatts (GW) of HVDC links around the world into the power system
Its wide range of applications highlights its potential to transform the global energy landscape toward greater interconnectivity
Zürich: Hitachi Energy has announced that it is expanding its production in Smedjebacken and Ludvika
The company said this is part of its plan to employ more than 2,000 people
including engineers and a wide range of other fields
The expansion entails a new 3,300 m2 factory in Smedjebacken
and a 1,400 m2 expansion in Ludvika that will increase production of advanced power electronic valves for use in high-voltage direct current (HVDC) transmission and power quality applications
The new factory will begin construction in the coming months and is expected to enter into operation by late 2024
It will be built alongside an existing Hitachi Energy facility opened in August 2022
The Ludvika expansion is also planned to start before the end of the year
These facilities will help meet the increasing demand for HVDC systems
which enable large-scale transmission of electricity
and for power quality solutions that improve voltage stability and grid reliability and are suitable for stable integration of renewable power
interconnection of different electricity systems and supporting weak power grids to make the energy system more sustainable
“Demand for our world-leading technology is at an unprecedented level
and we are very happy that we can continue to invest and expand our production in Sweden,” says Andreas Berthou
global head of the HVDC business at Hitachi Energy
“We are in an incredibly exciting and expansive growth phase worldwide with a strong impact in Sweden
both in terms of investment and recruitment,” says Tobias Hansson
Hitachi Energy has over 5,500 employees in Sweden in roughly 10 locations
the largest being Ludvika with 3,500 employees and Västerås with 1,200 employees
New electricity deal and planned gas pipeline aim to ease Syria’s energy crisis
with 400 kV line and 6 million m3 of gas daily from Turkey
Christian Bruch visits Baghdad to formalise agreement aimed at potentially adding 14 GW to Iraq’s energy capacity through infrastructure upgrades
Xcel Energy will build a 280-km transmission line linking clean energy from southwest Minnesota to over 1 million homes across the Upper Midwest
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Nicholas Källsäter is appointed as new Business Unit President for Smedjebacken and Boxholm, replacing current president Göran Jansson
who is stepping down due to private reasons. 
Nicholas Källsäter, current CFO and a member of the group management, has been employed at Ovako since 2012
says: “Nicholas is a strong business leader and I am convinced that he will personally contribute to further accelerate the development of SmeBox”
The recruitment of a new CFO has been initiated
During the recruitment period Disa Wolff
She has been employed in her current role at Ovako since 2019
“I am delighted that Disa is taking on the role of acting CFO during the recruitment
I´m impressed by the knowledge and commitment Disa has shown during her time in the company”
The changes come into effect on September 14