Qvantum to Add 1 Million HP Production Capacity in Hungary

Qvantum, a Sweden-based heat pump specialist, has acquired Electrolux’s high-tech refrigerator manufacturing facility in Nyíregyháza, Hungary, strategically located in the European ‘heat pump valley’. The facility will have a production capacity of one million electric heat pumps per year once conversion is completed, making Qvantum one of the largest producers in Europe.