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On course for growth in the cooling and heating sector: ENGIE Refrigeration records a successful 2023

06 March 2024

All signs point to growth at ENGIE Refrigeration GmbH: The cooling and heating specialist from Lindau on Lake Constance, Germany, delivered 43 percent more chillers and heat pumps to customers in 2023 than in the previous year – despite the challenging situation on the German and international markets. The portfolio expansions in recent years and the strategic focus on “excellence in cooling and heating” mean that the company remains optimistic about the coming months.

Lindau - ENGIE Refrigeration can look back on a successful 2023: the cooling and heating specialist recorded double-digit sales growth compared to 2022 and thus also significantly increased its earnings (EBIT). Jochen Hornung, CEO of ENGIE Refrigeration, says: “We at ENGIE Refrigeration are proud that we achieved outstanding order successes as a team in 2023 and were able to support numerous users from various industries on their path to climate neutrality with our products and solutions – in a very challenging market environment.”

Excellence in cooling and heating
This success of ENGIE Refrigeration shows that the company has set the right course for the future in recent years. The Lindau-based company's high drive for innovation and the outstanding technical expertise of its specialists are reflected in its cooling and heating portfolio: In the cooling sector, QUANTUM Air, with a cooling capacity of up to two megawatts, outperforms all air-cooled chillers with magnetic bearing compressor technology available on the market. Furthermore, QUANTUM Water, with a capacity of up to four megawatts, is currently the most efficient water-cooled chiller series on the market. In the heating industry, the thermeco2 high-temperature heat pump with the natural refrigerant CO2 and the SPECTRUM Water heat pump are providing lasting impetus in various industries - and since 2023, the strategic realignment “Excellence in cooling and heating” has also been driving the international market.

Full of innovative power into the future
ENGIE Refrigeration will consistently continue on this growth path in 2024, as Jochen Hornung emphasises: “At ENGIE Refrigeration, we expect greater volatility in the markets due to the geopolitical situation, to which we will respond with strategic adjustments. The shortage of skilled labour also remains a challenge for us. However, we are convinced that we are well positioned for the future and are continuously pursuing our goal of offering users the cooling and heating solutions of tomorrow today.


ENGIE Refrigeration is on course for expansion: The cooling and heating specialist can look back on a successful 2023 – and will continue to innovate at full speed in 2024.

Tatiana Köhler
Head of Marketing & Communications
ENGIE Refrigeration GmbH