Hoval Invests in Heat Pump Production

摘要

As demand for heat pumps has grown exponentially in recent times, Hoval is working on expanding its capacity and is building new heat pump production facilities at its headquarters in Vaduz, Liechtenstein and in Istebne, Slovakia, with a total investment of about €60 million (about US$ 60.4 million). The existing plant at the Istebne site will also be expanded as part of this work. The new heat pump production facility at the Vaduz site commenced operations in September 2022, and the first heat pumps produced there have already gone into distribution. Another heat pump production facility in the existing plant in Istebne is set to start work in spring 2023. Next to the existing premises, Hoval is building a new, state-of-the-art heat pump plant which is scheduled to commence operations in early 2024 and will employ more than 500 people when it is completed.