Danfoss experiences significant growth in China

Danfoss has announced their first half-year financial statement of 2018 and the growth in China is especially high.

Danfoss has had manufacturing in China in 22 years. Photo: Danfoss

Judging from the Danish company Danfoss’ financial statement is China looking for climate-friendly solutions. In the first half of 2018 Danfoss has experienced progress, particularly in China where they have had a significant growth.

The growth in China has been driven by increasing demand for climate-friendly and energy-efficient solutions, such as large heat pumps and the expansion of district heating systems.

“We are reaping the fruits of the recent years’ targeted work with growth initiatives, where we are investing in innovation and focusing on market development in countries with high potential, such as China,” says Kim Fausing, President and CEO.

Danfoss was founded in Denmark in 1933 and today employs more than 25,000 people.

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