# Bosch invests €12M in heat pump production line in Aveiro, Portugal

Bosch announced a €12 million investment to install a new heat pump production line at its Thermo technology unit in Aveiro, Portugal, creating about 300 jobs. Production is expected to start in the first half of 2023, aiming for 150,000 units per year initially, with potential to increase to 400,000.

- Type: Expansion
- Announced: 2022-05-10
- Where: Aveiro, Portugal, Portugal
- Value: $12.7M (12.0M EUR)
- Jobs: 300
- Starts operating: Q1 2023
- Status: announced
- Capacity: 150,000 heat pump units per year (initial), 400,000 (medium-term target)
- Products: heat pumps, indoor and outdoor units for heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Bosch](https://endata.com/companies/1725.md)

## Sources

- [macaubusiness.com](https://macaubusiness.com/portugal-bosch-invests-e12m-in-heat-pump-production-300-new-jobs/), 2022-05-11: "The installation of this new heat pump production line is in line with the company’s energy transition strategy and the group’s focus on Thermo technology."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.