GEA share wins: GEA changes division name | 13.10.21

GEA share wins: GEA changes division name | 13.10.21
GEA share wins: GEA changes division name | 13.10.21

The plant manufacturer GEA is changing the name of its Refrigeration Technologies division.

As of now, the division will operate under the name GEA Heating & Refrigeration Technologies, as announced by GEA Group AG. The renaming reflects the leading position of GEA as a provider of sustainable heating and cooling technology under one roof.

The group also announced that it will invest a high single-digit million amount in expanding its test centers across Europe. The expansion of the existing test center in Berlin from 400 to 850 square meters, which began in May, is expected to be completed in 2023. In Den Bosch, the Netherlands, GEA is integrating its external test centers into the existing plant and expanding it with new, state-of-the-art test facilities.

On Wednesday, the GEA share temporarily gained 0.50 percent to 40.01 euros on XETRA.

FRANKFURT (Dow Jones)

Source

GEA share wins GEA division

 
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