# Semperit invests EUR 110M in new hydraulic hose hall at Odry, Czech Republic

Semperit will invest around EUR 110 million to add a highly automated hall at its Odry hose factory, adding 32 million metres of hydraulic hose capacity to almost 200 million metres per year, with operations planned from 2025.

- Type: Expansion
- Announced: 2022-07-13
- Where: Odry, Czechia
- Value: $112.0M (110.0M EUR)
- Status: announced
- Capacity: almost 200 million metres of hose per year (adds 32 million metres)
- Products: industrial hoses, hydraulic hoses
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Semperit](https://endata.com/companies/9456.md)

## Sources

- [semperitgroup.com](https://www.semperitgroup.com/newsroom/press-information/semperit-invests-over-100-million-into-the-worlds-first-carbon-neutral-hose-production-facilities/), 2022-07-13: "A total of EUR 110 million will be invested into extending one of the world's largest production facilities for industrial and hydraulic hoses over the next few years."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/SEMPERIT-AG-HOLDING-6491292/news/Semperit-AG-Holding-invests-over-100-million-into-the-world-s-first-carbon-neutral-hose-production-40970582/), 2022-07-13: "Operations are set to start up in the new production hall in 2025, where an extra 32 million metres of hydraulic hose will be added to the current production capacity."

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