Daikin Europe registered record sales of 4.3 billion euros in 2021 fiscal year

Daikin Europe recorded a 25 percent increase in turnover in the fiscal year closed on March 31, 2022, compared to the previous fiscal year. Amid growing interest in renewable heating, cooling and refrigeration solutions, sales reached 4.3 billion euros, the best result ever recorded by the company. Daikin Central Europe, to which Daikin Romania belongs, made a significant contribution to this result, reporting record sales in 16 countries in Central and Eastern Europe.

“Beyond the context of the European Commission’s long-term strategic vision for environmental impact, the current geopolitical context and rising energy prices are driving residential and industrial customers to switch to energy-efficient heating and cooling solutions and thus reduce their environmental footprint. Heat pumps are one of the key technologies to achieve the energy transition in Europe, therefore, in many European markets, governments offer incentives and attractive subsidies to make it easier for homeowners to replace old heating systems with oil and gas or other polluting fossil fuels. In addition, all our split air conditioners are energy-efficient air-to-air heat pumps and can be used for both cooling and heating”, says Daniel Vasile, Managing Director of Daikin Romania.

In the HVAC-R industry, 2021 was marked by an increase in demand in the commercial segment, especially in the area of ​​HoReCa, office buildings, retail and in the construction sector. For example, in Romania, Daikin was last year a provider of solutions for brands such as C&A, Takko, Sportisimo, Penny, Pepco, Carrefour or OMV Petrom. Also, with its unique refrigerant recycling service Loop by Daikin – Recover – Recycle – Reuse, Daikin has attracted new customers, including Toyota Manufacturing in the Czech Republic, which supports the circular economy of refrigerants in its offices, factories, or stores. In the refrigeration equipment segment, strong demand from food retail chains also had a positive impact on Daikin’s results. Today,  through its circular economy initiatives, Daikin already prevents the production of 400,000 kg of virgin gas per year across Europe.