Panasonic expands heat pump production in Europe with 320 million euros investment

With the investment, the company has brought production and research and development from Southeast Asia to Europe. In addition to reducing logistics costs, local production also supports sustainability goals: the Pilsen factory has also been awarded the “Net Zero” certification and is powered by green electricity and its own solar system.

As part of the development, a modern R&D center has been established, focusing on future heat pump technologies, in close cooperation with local universities. The plant will increase efficiency with systems based on robotics and artificial intelligence, while creating high-value jobs in the region.

According to Panasonic, the European heat pump market could grow sixfold by 2034, so the current investment serves both to meet growing demand and the continent’s decarbonization goals.