Our Heart beats Globally
That was 2025
2025 was a year of clear regional focus and widely contrasting market developments for HERZ. While international markets showed positive trends in many areas, the market environment in Austria was characterised by increased demands: rising administrative workloads, a generally subdued economic climate and changes in regulatory conditions for boiler policy had a noticeable impact on market developments. Both the boiler and valve sectors experienced significant restraint. In addition, competitive pressure intensified due to pricing strategies that were difficult to sustain economically. This was HERZ’s world in 2025:
Southeast Asia
Indonesia remains one of the most dynamic markets in the region. The focus remains on data centres – a segment with clear technical requirements that HERZ successfully serves. In order to meet the high demand for HERZ quality, the team was specifically expanded in 2025. Particularly noteworthy is the project for a leading global technology group, for which HERZ was able to equip three of four data centres. "Data centres do not tolerate compromises. Our experience and product portfolio give customers exactly the security they need here", emphasises Zoran Bankovic, Vice President of HERZ. The Indonesian market is considered extremely promising for 2026 – several projects won in 2025 are already undergoing implementation.
In Thailand, the first successes were already recorded in 2025 following HERZ's first trade fair appearance at RHVAC (Refrigeration, Heating, Ventilation, Air Conditioning) in Bangkok in 2024. The market was established and the first projects were won, particularly in the area of data centres.
In the Philippines, HERZ focused on training courses and seminars. ‘We welcomed many visitors to our headquarters in Vienna. There is a great deal of interest in learning about production and quality first-hand,’ explains Zoran Bankovic. The market is currently strongly influenced by hotels, casinos and state-subsidised housing projects, which Bankovic has in his pipeline for 2026.
Bankovic is particularly targeting the market in Southeast Asia. "The market is promising and open to new technologies. In addition, there is less administrative effort compared to Europe, which allows us to focus much more on the project", emphasises Zoran Bankovic in an interview with HERZ News. In addition to the HerzCON, the HERZ 4406 series pressure independent control valve was in particularly high demand in his regions. "The high flow rates of 3.300 l/h to 120.000 l/h and the different dimensions allow for a wide range of applications. This is particularly important in regions with a focus on cooling", he concludes.
Oceania
New Zealand got off to a slow start in 2025. The country was characterised by an economic slowdown, weak growth, rising unemployment and cautious investment. Export-oriented industries were also under pressure. However, a clear trend reversal became apparent towards the end of the year. The first concrete projects were secured, with implementation planned for 2026. The focus here is on hotels, office and residential complexes, and universities – both new construction and renovation. "The market is starting to move again. We are seeing a renewed willingness to make decisions and a clear project pipeline for 2026", says Bankovic.
Middle East
Egypt also experienced a weak market environment at the beginning of the year, strongly influenced by geopolitical uncertainties. However, the last quarter of 2025 saw a significant recovery, with results even exceeding the levels of previous years. International gas agreements, EU support programmes and the opening of the new Grand Egyptian Museum had a stabilising effect and boosted tourism in particular. "The last quarter showed the potential of the market when conditions return to normal", explains Bankovic.
Turkey delivered surprising results in 2025. Despite massive currency fluctuations and high planning uncertainty, the Turkish market developed surprisingly positively. The exchange rate change between the beginning and end of the year was over 40%, which significantly affected the financial conditions of many projects. Nevertheless, HERZ was able to achieve a significant increase in sales. The focus was on residential construction, especially surface heating systems. The main products delivered were stainless steel distributors, differential pressure regulators and balancing valves. "The fact that we were able to grow under these conditions demonstrates the confidence in our products and our ability to deliver", says Bankovic with great satisfaction.
Europe
In 2025, Europe was clearly divided economically. In Central Europe – particularly in Germany and Austria – high construction costs, a reluctance to invest and stricter regulatory conditions led to numerous projects being postponed, paused or reassessed. This suboptimal development had a significant impact on HERZ. In contrast, the picture in Southern Europe was positive: Spain showed strong interest in biomass solutions. The subsidiary HERZ Energietechnik was able to realise significant projects in the field of wood chip and pellet boilers. In addition to numerous HERZ firematic biomass boilers, a large number of HERZ BioFire boilers in the 400 kW to 1.500 kW power range were also delivered to the country.
Eastern Europe also saw a significant increase in demand for biomass solutions. HERZ Poland recorded particularly strong interest in BINDER boiler systems for district heating, industrial applications and public buildings. Despite an overall decline in the Polish installation market, HERZ Poland once again performed well. Pipes and fittings provided a significant boost to sales. Drinking water valves also attracted considerable interest: sales of HERZ drinking water pressure reducers rose by over 40%, while sanitary water distributors increased by more than 70%. HERZ control and regulating valves for hydraulic balancing also grew significantly, by 25%. Through targeted market development and system-oriented solutions, HERZ Poland was able to double its project-related sales share.
In Slovakia, the construction market picked up noticeably: HERZ Slovakia achieved a 20% increase in sales. "We are growing continuously and gaining market share – supported by a broad, technically strong portfolio", explains Managing Director Vendelín Hozzank. Screwed and flanged differential pressure control valves and pressure independent control vales were in particularly high demand, as well as pipe and press fitting systems for heating and drinking water distribution.
HERZ Czechia delivered equally good figures. Competitive pressure, particularly in the underfloor heating segment, was clearly noticeable – nevertheless, the growth underlines the company's successful positioning. Market share in radiator valves grew particularly strongly. At the same time, HERZ Czechia is growing increasingly in the area of piping systems and drinking water fittings.
© 2026. HERZ
