Qvantum Expands Operations in France with A New Heat Pump Subsidiary
Sweden/France: Qvantum, a Swedish company specialising in heat pumps and energy systems, has expanded its presence in Europe by establishing a new subsidiary in France, named Qvantum Energy Technology SAS. This move follows the company’s earlier expansions into the UK, Germany, the Netherlands, Poland, and Hungary. France is seen as a key market for Qvantum due to its established district heating culture, which aligns well with the company’s low-temperature grid systems.
Qvantum has already begun setting up a distribution network for its heat pumps in France, focusing on partnerships with companies that have strong local knowledge and technical expertise. The company aims to address the growing demand for energy-efficient heating and cooling solutions in the French market, particularly as the country shifts away from traditional gas-powered systems.
Source: Cision