Hoval Invests in Heat Pump Production

As demand for heat pumps has grown exponentially in recent times, Hoval is working on expanding its capacity and is building new heat pump production facilities at its headquarters in Vaduz, Liechtenstein and in Istebné, Slovakia, with a total investment of about €60 million (about US$ 60.4 million). The existing plant at the Istebné site will also be expanded as part of this work.