Stiebel Eltron plans over EUR 600 million investment in heat pump production

Stiebel Eltron announced plans to invest more than 600 million euros to expand heat pump production capacities, finance R&D, and create 400 new jobs in Lower Saxony, Germany.

“Environmentally friendly heating technology does not require oil and gas and is therefore of outstanding importance both for climate protection and for Germany's energy supply security.”businesswire.com

• 1 source
• businesswire.comGerman Heat Pump Boom To Do Without Russian Gas: Stiebel Eltron Invests 600 Million EuroseconNEWSnetworkAug 30, 2022

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