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Lu-Ve sales up 25%

ITALY: Heat exchanger product manufacturer Lu-Ve has reported sales of €605m in 2022, a 25.2% increase on 2021. 

On a like-for-like basis, the growth would have been 22%.

The order backlog at the end of 2022 amounted to €188.8m, up 4.8% from last year. On a like-for-like basis there would have been a decrease of 4.5%.

Latest News

11th April 2026

Flammable refrigerants explained

DENMARK: Danfoss is to tackle the topic of flammable refrigerants in the next of its RETHINK Live series of virtual events. 
11th April 2026

Marathon challenge for Panasonic heat pump

UK: Rikki Field, an engineer with London-based contractor Salix Mechanical, is set to run the London Marathon with a Panasonic Etherea heat pump on his back.
11th April 2026

Project proves heat pumps can assist the grid

GERMANY: Viessmann, along with transmission system operators TenneT Germany and TransnetBW claim to have demonstrated that heat pumps can help prevent grid congestion.
10th April 2026

Africa and China sign MoU

CHINA: U‑3ARC, the Union of African Refrigeration and Air Conditioning Associations, has signed a signed a memorandum of understanding with the Chinese Association of Refrigeration.
10th April 2026

Heat pumps replace gas boilers at Surrey offices

The three Climaveneta EW-HT water-to-water heat pumps UK: The refurbishment of a landmark 70,000ft2 Surrey office block has seen gas-fired boilers and air-to-water cooling systems replaced with Mitsubishi Electric heat…
9th April 2026

Retail CO2 systems in Europe exceed 100,000

BELGIUM: Installations of transcritical CO2 systems in European food retail establishments exceeded 100,000 last year, according to new estimates from market development company ATMOsphere.