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World News

1 Oct 2025

Enex Technologies receives €25m backing

ITALY: CCC Holdings Europe, holding company of HVACR equipment manufacturer Enex Technologies, has reinforced its capital structure with a non-convertible €25m PIK bond….

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Danfoss acquires Palladio compressors

DENMARK/ITALY: Danfoss has acquired Palladio, the Italian manufacturer of high-efficiency screw compressors….

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30 Sep 2025

EEA plots rise in cooling demand

DENMARK: A new report from the European Environment Agency predicts that, in future, southern European member states could be consuming 71% of total annual energy for residential cooling….

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Nordic Climate continues Dutch expansion

SWEDEN/NETHERLANDS: The Nordic Climate Group continues its expansion in the Netherlands with the acquisition of Breda-based contractor Huijbregts Koeltechniek….

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26 Sep 2025

Haier opens US$400m Thai factory

THAILAND: Chinese air conditioning manufacturer Haier has officially opened its new US$400m factory in Chonburi, Thailand….

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MVR heat pump offers CO2-free steam generation

GERMANY: Chemical company BASF has broken ground on a new formic acid plant in Ludwigshafen that will use one of the largest…

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25 Sep 2025

Joint guide on Ecodesign requirements for fans

BELGIUM/CZECH REPUBLIC: A new guide has been published to address common questions on the interpretation of Ecodesign requirements for fans as set out in EU regulation 2024/1834….

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Daikin plans to produce heat exchangers using recycled aluminium

JAPAN: Daikin is looking to produce air conditioner heat exchangers made from recycled aluminium after perfecting horizontal recycling technology….

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24 Sep 2025

Bluu Unit adds KKL Holding GmbH

GERMANY: Bluu Unit, a group of refrigeration, air conditioning and ventilation firms, has signed an agreement to acquire Düsseldorf-based contractor KKL Holding GmbH….

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Bosch halts Polish heat pump factory plans

GERMANY/POLAND: German manufacturer Bosch has announced the suspension of its €280m investment in a new heat pump factory in Poland….

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