Daikin Europe Invests €300 Million in New Polish HP Heating Factory

On July 7, 2022, Daikin Europe announced it will invest €300 million (about US$ 305.7 million) to establish a new factory in Łódź, Poland, which will be Daikin’s first production base in the country. The new factory will manufacture residential heat pump units and start operations in July 2024, in addition to the existing European production bases in Belgium, the Czech Republic, and Germany. This investment comes on top of the €840 million (about US$ 856.1 million) set out in Daikin Europe’s strategic management plan Fusion 25, and new investments in existing factories. This brings Daikin Europe’s total investment amount to over €1.2 billion (about US$ 1.22 billion) by 2025.