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Daikin Europe N.V. issues Activity Report on fiscal year 2021

Brussels, 15 July 2022 – We are happy to announce the publication of our Activity Report that covers our fiscal year 2021. The report offers a unique glimpse behind the scenes of Daikin Europe’s growth story and how it is working to deliver on its ambitious Fusion 25 plan. It includes topics such as Manufacturing, Innovation, Customer Centricity, Sustainability and People.


A clear vision for the future

The fiscal year 2021, which started April 1st 2021 and ran to March 31st 2022, has been a successful one for the Daikin Europe Group. With 25% growth in turnover, the company marked its 10th consecutive year of growth. In the same year, the company launched its 5-year strategic plan FUSION 25 that is the roadmap for future growth. The ambition is clear: Daikin intends to take the lead in offering low-carbon solutions in cooling, heating, ventilation and refrigeration.

Through the eyes of Daikin people

Daikin grew considerably in number of people in 2021 and now employs over 12,400 employees in Europe, Middle East and Africa. Through the acquisition of refrigeration equipment and solution provider AHT (in 2018), Daikin Europe also operates globally in Oceania, Asia and the Americas.

In the Activity Report, some of Daikin Europe’s colleagues do the talking and tell the story from their perspective. They take you on a tour behind the scenes of Daikin Europe.


About Daikin

Air is essential to our existence. It has always been Daikin’s mission to make the air we breathe and live in the best possible. Our innovative products and solutions are designed to improve people’s health and well-being and reduce the environmental impact of heating and cooling. By 2050 Daikin aims to be carbon neutral throughout the full value chain and the full life cycle of its products and solutions.

Daikin Europe N.V.

Daikin Europe N.V. is a subsidiary of Daikin Industries Ltd. and the leading provider of heating, cooling, ventilation, air purification and refrigeration technology. The company designs, manufactures and brings to market a broad portfolio of equipment, as well as tailored-made solutions for residential, commercial and industrial purposes in Europe, Middle East and Africa. To date Daikin Europe N.V. has over 12 000 employees across more than 65 entities. It has 12 major manufacturing facilities based in Belgium, the Czech Republic, Germany, Italy, Spain, Turkey, Austria and the UK. The headquarters of the Daikin Europe Group are in Belgium, Ostend. The company was established in 1972, production in Europe started in 1973.

Total Solution provider for heating, cooling, ventilation and refrigeration

Daikin Europe can rely on a strong network of installers and partners across its regions thanks to nearly 50 years of innovative and energy efficient air conditioning systems business development.

To date, Daikin Europe is also market leader for Heat Pumps in Europe and well known for the Daikin Altherma hydronic heat pumps for private heating applications, which it pioneered in 2006. With high demand for low carbon heating in Europe, these heat pumps are made in the Belgian, Czech and German factories in Europe.

In recent years, Daikin Europe has added total solutions for the cold chain to its lines of business. Next to own refrigeration innovations, the company expanded its portfolio and network through several acquisitions.  In 2016 Daikin Europe N.V. acquired Zanotti, Italian manufacturer of industrial and transport refrigeration. In 2017, Hubbard (UK) was integrated into the group, shortly followed by Tewis Smart Systems (Spain). The most recent acquisition to reinforce the full line up for retail cold chain was the global refrigeration group AHT Cooling Systems GmbH, headquartered in Austria.

Daikin Industries Ltd.

Daikin Industries Ltd. based in Osaka, Japan, employs around 89,000 people worldwide and achieved sales of € 23.7 billion in financial year 2021 (1 April 21 – 31 March 22). The company is the global market leader for heat pump and air conditioning systems, as well as air filtration. Daikin Industries Ltd. is the only air conditioning manufacturer in the world that develops and produces all important components such as refrigerants, compressors and electronics in-house.

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