Viessmann Group to Invest €1 Billion in Heat Pumps and Green Solutions
2022-06-06
On May 2, 2022, the Viessmann Group announced that it will invest €1 billion (about US$ 1.05 billion) in the next three years to extend its heat pump and green climate solutions portfolio. The investments are targeted to expand the family company’s manufacturing footprint and research and development (R&D) labs, thereby also strengthening Europe’s geopolitical energy independence.
