News HeadlinesWorld News

Daikin to build €300m heat pump factory in Poland

BELGIUM: Daikin Europe is to invest €300m to establish a factory in Poland, dedicated to the manufacture of residential heat pumps. 

The new factory, its first in Poland, will be built in Ksawerów, 13km south of Łódź. It will commence operations in July 2024 and complement existing European production bases in Belgium, the Czech Republic and Germany. 

According to Polish Prime Minister Mateusz Morawiecki, Daikin’s investment is the largest of a foreign company in Poland in recent years.

This investment comes on top of €840m announced last year by Daikin, and new investments in existing factories. This brings Daikin Europe’s total investment amount to €1.2bn by 2025.

Daikin Europe president Toshitaka Tsubouchi said the company was taking up the challenge to facilitate the societal shift from fossil fuel boilers to heat pumps. “This factory will have the largest capacity in the Daikin Europe Group in terms of heat pump heating output,” he claimed. “With this investment we aim to achieve the No1 market share in each of the major countries.”

Daikin Europe chairman Masatsugu Minaka greets Polish Prime Minister Mateusz Morawiecki

“The decision to establish this entirely new factory in Poland, shows Daikin is responding firmly to the accelerating demand in Europe. Poland is a country with a large number of skilled workers and the new factory will employ 1,000 people by 2025,” said Daikin Europe vice president Hiromitsu Iwasaki. 

“Our efforts will enable us to produce four times the current volume by 2025, and create a production system with a stable supply to a rapidly growing market. With this new factory, we continue our proximity strategy, meaning that all heating products sold in Europe are also manufactured in Europe,” he added.

Related Articles

Back to top button