# Panasonic to invest CZK 7.6B in heat pump production in Plzeň

Panasonic will invest CZK 7.6 billion in its Plzeň plant by 2025 to boost production of air-to-water heat pumps. The company aims to produce one million pumps annually by 2030 and increase employment to 2,000 by March 2026.

- Type: Expansion
- Announced: 2023-07-27
- Where: Plzeň, Czechia
- Value: $350.0M (7.60B CZK)
- Jobs: 2,000
- Starts operating: 22 Aug 2023
- Status: announced
- Capacity: 1 million pumps per year by 2030
- Products: air-to-water heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Panasonic](https://endata.com/companies/1026.md)
- [Panattoni](https://endata.com/companies/6695.md) (partner)

## Sources

- [archive.cij.world](https://archive.cij.world/panasonic-will-invest-czk-7-6-billion-in-the-production-of-heat-pumps-in-pilsen-by-2025/), 2023-07-27: "We have been preparing and renovating the half of the plant that will not be demolished for the production of outdoor pump units since last year, so that is already ready."
- [panattonieurope.com](https://panattonieurope.com/en/newsroom/panasonic-starts-production-of-air-conditioners-and-heat-pumps-in-pilsen-the-new-hall-was-built-by-panattoni), 2023-08-22: "The hall in Panattoni Park Pilsen West II has welcomed a new tenant. It is Panasonic Heating & Ventilation Air-Conditioning Czech."

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