Bosch Postpones Construction of Planned Heat Pump Factory in Poland Poland: Bosch has announced the suspension of its planned heat pump manufacturing facility in Dobromierz, Lower Silesia, citing slower-than-expected growth in European demand for heat pumps and increasing political and economic uncertainty across the region. The factory, originally intended to expand Bosch’s existing European heat pump production network, which includes facilities in Portugal, Germany and Swe

Somany Impresa Group Invests in Building Materials Platform Through Corporate VC Arm India: Somany Impresa Group has expanded its corporate venture capital activities through its investment arm, SIG Tattva, with a strategic investment of INR 60 million (USD 0.7 million/ EUR 0.65 million) in Mad Over Buildings, a fintech-enabled B2B ecommerce platform for building materials. This marks SIG Tattva’s second publicly announced investment since its formal launch in November last y

Mitsubishi Electric Expands HVAC and IT Cooling Operations in Southern Africa South Africa: Mitsubishi Electric has strengthened its collaboration with Intramech to expand its applied HVAC and IT cooling operations across southern Africa. The partnership will integrate Mitsubishi Electric’s product portfolio with Intramech’s local expertise in sales, service, and engineering to deliver comprehensive one-stop solutions. The collaboration aims to enhance capabilities in system

Trane Technologies Reports Growth in Third Quarter Financial Results Ireland: Trane Technologies reported an increase in enterprise bookings and earnings for the third quarter of 2025. Total bookings reached USD 6 billion (approximately EUR 5.5 billion), marking a 15 percent rise compared to the same period last year, with organic growth of 13 percent. The company’s commercial HVAC segment in the Americas led performance, recording about 30 percent growth, including over 100

MVV Commissions Construction of Large-Scale River-Source Heat Pump in Mannheim Germany: MVV Energie AG has appointed STRABAG Umwelttechnik GmbH to construct a second river-source heat pump at the Grosskraftwerk Mannheim AG site as part of its ongoing efforts to transform the energy system in the Rhine-Neckar region. The project, representing a total investment of up to EUR 200 million (USD 218 million), will receive funding under Germany’s federal programme for efficient heat

Daikin Opens New R&D Centre in Belgium and Unveils CO₂-Based Heat Pump Belgium: Daikin has expanded its European operations with the opening of a new research and development centre in Ghent, Belgium. Built to near-zero energy standards, the 30,600 m² facility includes a 14-storey office tower and a six-storey testing complex, developed with an investment of EUR 140 million (approximately USD 152 million). The centre serves as Daikin’s main development hub for the Europe, Mid

Energy Save Partners with JCE to Distribute Heat Pumps in South America Chile/South America: ES Energy Save Holding AB has entered into a distribution agreement with JCE South America to introduce its heat pump products to the South American market, beginning with Chile. JCE, which has been active in the region since 1987 across sectors including hardware, distribution, forestry and real estate, will serve as the exclusive distributor of Energy Save-branded heat pumps in Chil

Issues Tender to Improve Energy Efficiency Jordan: The Ministry of Energy and Mineral Resources has announced a new tender for the design, supply, installation, connection, operation, and maintenance of renewable energy systems aimed at improving energy efficiency in nine public hospitals in Jordan’s northern region through solar thermal water heating (STWH). Interested contractors are invited to obtain tender documents from the ministry’s tenders department or electronically

Research Lab in Japan Japan: Samsung Electronics announced on Wednesday the opening of a new heating, ventilation, and air conditioning (HVAC) research lab in Asahikawa, Hokkaido, northern Japan, aimed at developing heating solutions for extreme weather conditions. The region, where winter temperatures can drop to minus 20°C, provides an ideal environment for testing defrost and heat pump systems. The company stated that the lab will focus on advancing technology research and

Partners with Barilla Heating Distribution UK: Samsung Climate Solutions has announced a strategic partnership with Barilla Heating Distribution, which will now act as a distributor for Samsung’s air source heat pump range across the UK. Established in 2007, Barilla has a strong presence in the heating industry and is well-equipped to meet the increasing demand for advanced heating solutions. The collaboration underscores Samsung’s ongoing investment in its distribution netwo

Air Conditioners Lead Brand Competitiveness South Korea: Despite the ongoing economic downturn and high inflation this year, efforts to enhance brand competitiveness stood out in Korea’s manufacturing sector, particularly in home appliances such as air conditioners. According to the Korea Productivity Center’s 2025 National Brand Competitiveness Index (NBCI) survey, the air conditioner sector recorded the greatest improvement in brand competitiveness, rising by 2.6% from the

Launches First Smart Home Appliance China: Xiaomi announced the start of production at its first smart home appliance factory in Wuhan, China, marking its third major manufacturing base after its automobile and smartphone factories. Spanning 751 mu (about 500,000 square meters), the new facility initially focuses on air conditioner production and features six sub-factories covering the full supply chain of household and central air-conditioning systems. Equipped with Xiaomi’s

Bans Toilet and Sanitary Ware Exports EU: The European Union has banned the export of lavatory pans, bidets, and other sanitary ware to Russia as part of its 19th sanctions package. According to the ruling of the EU Council published in the Official Journal of the EU, "bidets, lavatory pans, flushing cisterns and similar sanitary ware" have been added to the list of goods prohibited for export to Russia. The EU provided no rationale for this specific prohibition. The new sanc

Sanitation as Open Defecation Namibia: Namibia continues to struggle with major sanitation challenges, with 40% of the country’s 756,339 households still practising open defecation, according to the 2023 Census Report released by the Namibia Statistics Agency (NSA). Speaking at the first National Sanitation Symposium on behalf of the minister of agriculture, water and land reform, deputy minister Ruthy Masake highlighted that the problem is most severe in rural areas and info

Loss from Sanitary Ware Ban Italy: Italian companies are set to lose millions of euros following the European Union’s renewed ban on selling sanitary ware, including toilets and bidets, to Russia as part of its 19th sanctions package adopted last week. The restriction, first introduced in 2022, has been extended and criticised by business representatives as damaging to Italian industry. The ban on sanitary ware exports alone is estimated to cost the Italian economy around 140

Strong Q3 Earnings USA: A.O. Smith (AOS) reported quarterly earnings of $0.94 per share, surpassing the Zacks Consensus Estimate of $0.89 per share and marking a +5.62% earnings surprise. This compares to $0.82 per share recorded a year ago, with all figures adjusted for non-recurring items. In the previous quarter, the company had been expected to post earnings of $0.97 per share but achieved $1.07, delivering a +10.31% surprise. Over the last four quarters, A.O. Smith has e

construction THAILAND: The Thai condominium market experienced a notable slowdown in the first half of 2025, according to Knight Frank analysts. Major developers such as Sansiri, Sena, Major Development, and SC Asset delayed the launch of new projects, Real Estate Asia reported. However, experts highlighted opportunities in the secondary market, where significant discounts are currently available. "Over the past six months, no significant projects for the construction of new

Manufacturing unit USA: U.S.-based sanitary ware manufacturer Fluidmaster has expanded its operations in Slovenia with the opening of a new facility at its Postojna factory, the company’s local unit announced. The new building includes both manufacturing areas and office space, according to a Facebook post by Fluidmaster Slovenija, which did not disclose additional details. Fluidmaster entered the Slovenian market in 2014 through the acquisition of Postojna-based Kolektor Liv

LG Logo EUROPE: Zeliatech Srl, a European distributor of sustainable technologies and a subsidiary of Esprinet Spa, announced a new partnership with LG Electronics Italia, a long-standing strategic partner within Esprinet’s portfolio across the TV, monitor, notebook, and home appliance segments. This collaboration marks an expansion of their existing partnership into the Heating, Ventilation, and Air Conditioning (HVAC) sector, enhancing Esprinet’s portfolio and reinforcing i

Gas Boiler The immediate fallout of the Russia-Ukraine war in 2022 was the European energy crisis that followed. The souring of relations with Europe over the invasion of Ukraine threatened the availability of gas for heating and other purposes during harsh winter months, with the Russian Federation being the biggest gas supplier to the continent. In order to maintain energy security and mitigate the impending impact of this development, various European governments pushed fo

Heat pump The market for heat pump water heaters (HPWH) in Australia, once a clean energy success, has declined sharply since 2024. This downturn is likely to continue into 2025. After two years of strong growth fueled by generous rebates, the industry now struggles with reduced subsidies, poor-quality imports, and decreasing consumer trust. From Boom to Bust Between 2022 and 2023, the HPWH sector grew quickly, thanks to federal Small-scale Technology Certificates (STCs) a

Wickes United Kingdom: Wickes Group PLC recorded a 6.9% year-on-year increase in total revenue to EUR 420.1 million (US$ 488.9 million) in the third quarter, supported by robust performance across all divisions. The Design and Installation segment led the growth with a 7.8% rise, reflecting continued demand for home improvement and remodeling projects. The company noted that consumer interest in kitchen and bathroom upgrades remains solid, despite broader economic headwinds,

Delabie France: Delabie Group has officially completed the acquisition of KWC Professional, formerly known as Franke Water Systems. This strategic acquisition significantly expands Delabie’s international footprint, boosting its share of global revenue from 40% to 70%. With this move, Delabie strengthens its leadership position in the European market for sanitary fittings and equipment designed for public and commercial buildings, including hospitals, schools, and transport h

Haier Netherlands: Haier HVAC Solutions has entered into a strategic partnership with Technoclima BV to distribute its commercial air-conditioning and heat pump systems across the Dutch market. The collaboration will enable faster product availability, enhanced technical support, and stronger local presence for installers and specifiers. Technoclima is based in Meerkerk, offering integrated after-sales service and technical project assistance. This agreement includes plans to