# Acond builds new heat pump plant in Milevsko, Czech Republic

Czech heat pump manufacturer Acond is building a new production hall in Milevsko, investing up to CZK 500 million. The facility will increase annual capacity to 35,000 heat pumps and create 120 new jobs. Production is expected to start by mid-2023.

- Type: Expansion
- Announced: 2023-03-27
- Where: Milevsko, Písek District, Czechia
- Value: $22.0M (500.0M CZK)
- Jobs: 120
- Starts operating: Jul 2023
- Status: under construction
- Capacity: 35,000 heat pumps per year
- Products: heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Acond](https://endata.com/companies/69359.md)
- [Pale Fire Capital](https://endata.com/companies/69360.md) (investor)

## Sources

- [cc.cz](https://cc.cz/cesky-vyrobce-tepelnych-cerpadel-acond-utrzil-temer-miliardu-diky-investici-od-pfc-stavi-novou-halu/), 2023-03-27: "Budujeme nový areál. Vidíme, že tepelná čerpadla měla už před krizí na Ukrajině velkou budoucnost, trend prodejů byl jednoznačně růstový."

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