According to Orona, the company is simultaneously implementing two large-scale industrial projects in the Basque Country region (Spain).
The flagship project is a new facility at Estubegi, located near Orona's existing factory complex in Hernani. The site has a total area of approximately 60,000 m², of which about 30,000 m² will be used for building workshops and industrial infrastructure. Upon completion, the project is expected to create approximately 150 additional jobs, while also helping Orona concentrate and coordinate its production activities more effectively.
Alongside Estubegi, Orona will expand and modernize the Jundiz factory in Vitoria-Gasteiz.
The two projects have a total investment of approximately 70 million euros (nearly 2,150 billion VND), aimed at enhancing production capacity, increasing self-sufficiency in the supply chain, and meeting the growing demand of the European market.
Orona Group's elevator manufacturing plant in Hernani, Basque Country, Spain.
According to the company, the expansion not only serves increased output but also helps optimize industrial management, enhance the flexibility of the production system, and prepare for the next phase of development in the Orona EU2030 roadmap.
Two factories creating Europe's No. 1 complete elevator production capacity
Unlike many businesses that develop according to a distributed manufacturing model across multiple countries and regions, Orona Elevator Group chooses to concentrate its research, development, and elevator manufacturing activities at two factories in Europe.
Orona's two elevator manufacturing plants are located in Hernani and Jundiz, both in the Basque Country, Spain. According to the group's published information, the Hernani facility has approximately 70,000 m² of floor area, while the Jundiz factory has a scale of approximately 27,700 m² and the potential for an additional 8,000 m² of expansion.
According to Orona, the 70 million euro investment will help optimize production capacity, increase self-supply capability, and strengthen Orona's role in the material supply chain for the global elevator industry.
According to Orona Group, instead of relocating to lower-cost areas or dispersing across multiple regions, Orona concentrates its design and equipment manufacturing activities solely in Europe. This model allows the group to maintain more centralized control over technical standards, quality, and product consistency.
According to reports, for every 10 new elevators installed in Europe, one bears the Orona brand, while more than 300,000 elevators worldwide use the company's technology.
Annually, Orona Group spends 2% of its revenue on innovation, new technology, and research and development (R&D).
Beyond production capacity, Orona continues to expand its operational network in international markets. According to the 2025 Annual Report, the company has direct operations in 14 countries, including 13 European countries and Brazil, and also exports products through its partner network to more than 100 countries.
In 2025, Orona achieved revenue of 1.195 billion euros, EBITDA of 191 million euros, employed 6,997 workers, and continued to allocate 58 million euros for investment activities.
Orona EU2030 goals
The investment in production expansion is part of the Orona EU2030 strategy, a long-term development program aimed at consolidating the company's position in the European market.
Under this roadmap, Orona aims to scale up to more than 8,000 employees, achieve revenue exceeding 1.5 billion euros, while continuing to expand its portfolio of solutions and strengthen its competitiveness in the vertical mobility sector.
In addition to its business activities, Orona has been an active member of the United Nations Global Compact for more than 18 years, voluntarily offsetting carbon emissions through its non-profit Foundation, reflecting its vision and business philosophy "in which growth and innovation go hand in hand with social and environmental responsibility."
