On December 5, 2023, Panasonic held a groundbreaking ceremony for the new manufacturing building of Panasonic Heating & Ventilation Air-Conditioning Czech (PHVACCZ), in Pilsen, Czech Republic. This construction project is part of Panasonic’s strategies to strengthen its air-to-water (ATW) heat pump business in Europe.
On April 1, 2023, in order to increase the speed and accuracy of management decisions and execution with a single open manufacturing and sales team in Europe, Panasonic Heating & Ventilation A/ C Company established the HVAC Business Division Europe in Germany, which directly manages PHVACCZ.