# YADOS GmbH invests EUR 20 million to double production space in Hoyerswerda

YADOS GmbH, a subsidiary of Hoval, is investing EUR 20 million to expand its site in Hoyerswerda, Germany, adding two new halls with 12,500 m² of space. Construction started in March 2024, with production planned to start in January 2025.

- Type: Expansion
- Announced: 2024-01-31
- Where: Hoyerswerda, Germany, Germany
- Value: $21.6M (20.0M EUR)
- Jobs: 280
- Starts operating: Jan 2025
- Status: under construction
- Capacity: 12,500 m² additional production space
- Products: district heating stations, smart switch cabinets for heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hoval](https://endata.com/companies/13414.md)
- [YADOS GmbH](https://endata.com/companies/16349.md)
- [Hoval](https://endata.com/companies/13414.md) (investor)

## Sources

- [hoval.de](https://www.hoval.de/de_DE/news/Ausbau%20der%20Produktionsflaechen%20YADOS%20GmbH), 2024-01-31: "Insgesamt investieren YADOS und der Liechtensteiner Mutterkonzern HOVAL rund 20 Millionen Euro in das Leuchtturmprojekt."
- [liechtenstein.li](https://www.liechtenstein.li/en/liechtenstein_news/hoval-investiert-20-millionen-euro-deutschland), 2024-02-22: "The next expansion stage for the Hoyerswerda site represents an additional milestone in the consistent bundling of our competencies."

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