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Panasonic consolidates European HVAC and cold-chain operations under new entity, commits EUR 320 million to Pilsen heat-pump plant

Panasonic HVAC & CC Co., Ltd., established 1 April 2026, unifies the company's European heating, ventilation, air-conditioning, and cold-chain activities. The group is backing the consolidation with a EUR 320 million expansion of its Pilsen heat-pump facility alongside a network of specialist sites in France, Italy, Poland, and the UK.

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