German company to build new factory in Senica for 120 million euros – PRAVDA.sk

The German engineering company Vaillant Group Heat Pump Production will build a heat pump plant in Senica combined with a technology center.

For this investment, the company will receive a state investment incentive of 18 million euros in the form of income tax relief. The company should create 841 new jobs by 2026. This follows from the material Proposal for the provision of investment aid for Vaillant Group Heat Pump Production, which was approved by the government on Wednesday.

“The activities of the new plant will be focused on the production of exterior heat pump modules (standing ventilation units) and interior hydraulic modules (standing and hanging modules),” the submitter of the proposal specified the Ministry of Economy (MH) SR. In connection with the investment plan in the part of industrial production, Vaillant plans to create 829 new jobs and in connection with the technology center 12 new jobs.

The sole partner of the Vaillant Group Heat Pump Production is the German Vaillant GmbH, so the company is also a member of the German Vaillant Group. The global group is a leader in the development and production of high-efficiency products and solutions for heating, cooling and hot water. With sales of € 2.7 billion in 2020 and around 15,000 employees, the Vaillant Group is one of the largest companies in the European heating, ventilation and air conditioning sector.

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