# Panasonic to invest EUR 145M to boost heat pump capacity in Plzen

Panasonic will invest about EUR 145 million through 2026 at its Plzen, Czech Republic plant to expand air-to-water heat pump production. It aims to raise annual capacity to 500,000 units by the fiscal year ending March 2026.

- Type: Expansion
- Announced: 2022-09-02
- Where: Plzen, Czechia
- Value: $145.0M (145.0M EUR)
- Status: announced
- Capacity: 500,000 units per year
- 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)

## Sources

- [patria.cz](https://www.patria.cz/zpravodajstvi/5127304/spolecnost-panasonic-bude-investovat-postupne-do-roku-2026-zhruba-145-milionu-eur-pres-35-miliardy-kc-do-sveho-zavodu-v-plzni-vyrazne-posili-vyrobu.html), 2022-09-02: "Do fiskálního roku, který končí v březnu 2026, chce zvýšit roční výrobní kapacitu na 500.000 jednotek."

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