The new production line is intended to increase production capacity of the AM550 smart meters. Currently, the meters are being supplied to four Dutch utilities (Liander, Enduris, Stedin and Westland) within the SMR5 project. The contract for supplying at least 1,6 million smart meters (with a possible increase in quantity up to 2,5 million) was signed in 2015. According to the forecast, half a million AM550 smart meters will be shipped to the Netherlands in 2017.
The formal opening of the new line was taking place on Friday, December 16th at the company headquarters in Kranj, Slovenia. The Slovene Minister of Economic Development and technology, Zdravko Počivalšek and a number of representatives from the Slovenian economy attended the event. During the ceremony, Minister Počivalšek addressed all attendees: “It is a great pleasure to participate at the opening of a new production line in a place that combines 70 years of knowledge, quality, experience and innovation. I applaud you for the implemented investment and wish you all the best in future endeavors”.