German valves and fittings manufacturer Armaturenwerk Altenburg (AWA), part of the BITZER Group, is celebrating its 140th anniversary.
The business was founded in 1879 by Gustav Mock and Wilhelm Krumsiek , who quickly expanded their product lines from water piping to fittings for vapour, gas, petrol, oil, coffee machines and beer.
Sales of VRF systems and chillers grew in Europe in 2018, while there was also increased demand for air handling units, cooling towers, heat exchangers and IT cooling.
The latest study of HVAC equipment sales across the Europe, Middle East and Africa (EMEA) region by Eurovent Market Intelligence, based on data collected from manufacturers, also shows that rooftop unit sales were down 12% and chilled beams 6%, while the market for fan coil units is described as 'stagnant' across the region, despite a 13.1% increase in UK sales.
The sector was said to worth close to 7.5billion euros last year, with 2.3bn spent on split systems, 1.67bn on air handling units, 1.38bn on VRF systems and 1.03bn on chillers with a capacity greater than 50kW.