Viessmann Group In 2022, Its 105th Anniversary Year: Driven by A Lot of Positive Energy, The Family Company Achieved Record Revenues of EUR 4 billion And Growth Of +19 Percent

Viessmann plans to invest €1 billion in green climate solutions over the next three years focusing on expanding research and manufacturing capacities for heat pumps.

• Viessmann Group: Positive business development due to high resilience through diversification of the Group with strong development in all areas - particularly in climate and refrigeration solutions as well as strategic investments in mid-sized companies
• Climate Solutions: Long-term transformation as an integrated climate solutions provider enables dynamic growth in heat pumps, creating the basis for Europe's energy and building transition
• Refrigerations Solutions: Focus on intelligent cooling solutions and entry into new markets lead to increased growth
• Viessmann Investment: Partnerships develop positively, expanding the range of offerings through adjacent solutions
• Digital activities VC/O: Investment in early-stage technology companies provide disruptive solutions for labor shortage of installation partners; Maschinenraum as an ecosystem of digital experts grows to over 65 member companies
• Viessmann Foundations: Family business takes social responsibility for children in need in times of crisis, donating over EUR 5 million to aid organizations such as Aktion Deutschland , Unicef , and Save the Children

ALLENDORF (EDER), GERMANY / ACCESSWIRE / February 1, 2023 / The Viessmann Group successfully continues its growth track in the 2022 fiscal year. In its 105th anniversary year, the family company increased its total revenue to EUR 4 billion. This corresponds to an increase of +19 percent compared to total revenue of EUR 3.4 billion in the previous year. Despite the crisis, the total number of employees grew from 13,000 in the previous year to a total of 14,500. The positive developments underline the strength of the strategy and the resulting resilience of the Viessmann Group, which includes the following areas:

Foto: Accesswire

• Climate Solutions: Business area for sustainable climate solutions.
• Refrigerations Solutions: Business area for sustainable refrigeration & clean room solutions
• Investment: Strategic investments in mid-sized companies
• VC/O: Venture capital investments in early-stage technology companies, including Maschinenraum as an ecosystem for family businesses
• Real Estate: Development and operation of sustainable buildings
• Foundations: Social responsibility and social commitments

Prof. Dr. Martin Viessmann, Chairman of the Board of Directors of Viessmann Group: "The year 2022 marks an important milestone in our company's history, as we have once again demonstrated what Viessmann stands for. In any challenge, we also see an opportunity for positive change and growth. Today, we are very well positioned to make the best possible use of the once-in-a-century opportunities that lie ahead of us. We will continue to focus on accelerating the energy transition in the building sector, in order to make a measurable contribution in the fight against climate change."