Panasonic invests €145M in Czech heat pump plant

Panasonic announced an investment of about 20 billion yen (approx. €145 million) in its Plzen, Czech Republic plant by fiscal year ending March 2026 to strengthen air-to-water heat pump production. The company aims to increase annual production capacity to 500,000 units by March 2026.

“Panasonic Corporation today announced that it would invest about 20 billion yen (approx. 145 million euros) in its Czech Plant by the Fiscal Year ending in March 2026 to strengthen the production of air-to-water heat pumps.”news.panasonic.com

• 2 sources
• news.panasonic.comPanasonic Accelerates Investment in Air-to-water Heat Pump production in its Czech factory | Management/Financials | Company | Press Releases | Panasonic Newsroom GlobalSep 2, 2022
• news.panasonic.comExpediting Growth of Business for Air-to-water Heat Pumps for Europe | Business Strategy/Policy | Company | Press Releases | Panasonic Newsroom GlobalOct 3, 2022

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