# Bosch to invest 100 million euros to increase heat pump production in Aveiro, Portugal

Bosch plans to invest EUR 100 million at its Aveiro plant in Portugal to increase heat pump production, reported in November 2023.

- Type: Investment
- Announced: 2023-11-02
- Where: Aveiro, Portugal
- Value: $108.0M (100.0M EUR)
- 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) (investor)

## Sources

- [ground.news](https://ground.news/article/bosch-will-invest-100-million-in-the-aveiro-plant-after-selling-the-one-in-ovar), 2023-11-02: "Bosch will invest 100 million in the Aveiro plant after selling the one in Ovar"

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