28 - 29 October 2025 // Nuremberg
European Heat Pump Summit Newsroom
News of the industry
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DAIKIN: Financial Results FY2023
Both net sales and operating profit exceeded the previous fiscal year for new record highs. Demand fell lower than expected due to stagnant demand for durable consumer goods caused by inflation, a slowdown in Heat Pump Heating demand in Europe, and the impact of distribution inventory adjustments resulting from a decline in housing investment in the United States. To minimize the negative impact on demand, Daikin enhanced its proposals for products and services promoting carbon neutrality and energy solutions while thoroughly implementing strategic selling price measures and total cost reductions.
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DAIKIN: Belgian-Japanese
Daikin Europe N.V., a leading Heating, Ventilation, Air Conditioning & Refrigeration (HVAC&R) manufacturer in Europe, the Middle East and Africa (EMEA), announces its Chairman of the Board of Daikin Europe, Masatsugu Minaka, joined fellow Japanese business leaders to bolster Belgian-Japanese cooperation at a special event with King Philippe of Belgium, in partnership with the Belgium-Japan Association and Chamber of Commerce. For nearly 160 years, Belgium and Japan have shared a fruitful partnership with countless Japanese companies, including Daikin Europe. In a testament to that longstanding solidarity, Daikin Europe recently celebrated 50 years of production in Ostend. Now, the Japan-based HVAC manufacturer goes one step further by investing €140 million in the development of a new R&D centre, which will further shape Belgium’s sustainable energy transition.
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METRO: Positive growth trend
Despite the persistent tense economic and geopolitical situation, which coincided with a sharp downward trend in inflation, METRO was able to continue the positive sales trend in the second quarter of 2023/24. Adjusted for currency and portfolio effects, sales rose by 7.2%, and in local currency by 3.9%. All segments and channels contributed to the positive sales trend.
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Carrier US: R744 Refrigeration Systems Now Available in US
Carrier Commercial Refrigeration, a leading supplier of refrigeration systems and services in the food retail and cold storage industries, is expanding its environmentally sustainable, R744 (CO2) mechanical systems into North America. With customers in more than 35 countries across the EMEA and APAC regions and a proven track record of delivering more than 20,000 refrigeration systems in Europe, the business is leveraging its extensive industry experience and know-how to support customers across the new geography.
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Chemours: End of Sales of R404A and 50
The Chemours Company announced its strategic decision to cease sales of Freon™ 404A (R-404A) and Freon™ 507 (R-507) in the United States. Chemours—the inventors of Freon™ and Opteon™ refrigerant portfolios —will discontinue U.S. sales of these select Freon™ products as of May 2, 2024, in support of regulatory phasedown requirements.
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