Vaillant expands in Skalica
Skalica-based Protherm Production, a maker of boilers that is part of Vaillant, plans a €6.5m investment into a major expansion that will increase its workforce by 325 to 1,000. In 2014-19, the plant managed to increase its sales from €150m to €270m and net profit from €16.3m to €18.3m. Last year, it made 710,000 boilers and other water heating appliances.
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