Hoval Group's subsidiary YADOS GmbH inaugurated the third construction phase of its production site in Hoyerswerda, Germany, developing it into an energy-efficient Green Factory. The Hoval Group will invest a total of EUR 20 million in the expansion, boosting manufacturing capacity and aiming to expand the workforce from 330 to 600 employees.
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.
Hoval acquired 100 percent of the shares of YADOS GmbH, effective April 1, 2016. The YADOS brand will continue and the Hoyerswerda site will be expanded as a competence center and production facility.
| Site | Largest | Latest |
|---|---|---|
| Hoyerswerda, Germany | $22.0M | 2025-11-06 |