# German heat pump makers plan EUR 2.7 billion capacity expansion by 2025

Viessmann, Vaillant, Stiebel Eltron and Bosch plan to invest a combined EUR 2.7 billion by 2025 to expand heat pump production capacity. Vaillant has started production at a new 'megafactory' in Senica, Slovakia, capable of producing 500,000 heat pumps per year. Viessmann plans to invest EUR 1 billion.

- Type: Investment
- Announced: 2023-04-23
- Where: Germany
- Value: $2.97B (2.70B EUR)
- Starts operating: 2025
- Status: announced
- Products: heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Bosch](https://endata.com/companies/1725.md)
- [Stiebel Eltron](https://endata.com/companies/3162.md)
- [Viessmann Group](https://endata.com/companies/7887.md)
- [Vaillant](https://endata.com/companies/10230.md)

## Sources

- [focus.de](https://www.focus.de/immobilien/bauen/renovieren/deutsche-hersteller-investieren-milliarden-euro-hier-kommen-die-waermepumpen-fuer-deutschlands-heizungswende-her_id_191616332.html), 2023-04-23: "Bis 2025 wollen die drei Hersteller zusammen rund 2,7 Milliarden Euro investieren"

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