SFC Energy AG celebrates the next milestone in its international expansion with the official opening of its largest production facility to date in Cluj, Romania

Brunnthal/Munich, Germany, Cluj, Romania, September 12, 2024 – SFC Energy AG (“SFC”, F3C:DE, ISIN: DE0007568578), a leading supplier of hydrogen and methanol fuel cells for stationary, portable and mobile hybrid power solutions, today marks another important milestone in its international expansion with the opening of its new production facility in Cluj, Romania.
This is closely linked to the current series of investments in the expansion of global production capacities to meet the increasing demand for SFC’s solutions.

The relationship between SFC and EU member Romania has intensified significantly in recent years and has already existed for over a decade.
In October 2011, SFC Energy took over the Dutch PBF Group B.V., which had been active in Romania since 2009, as part of its strategic orientation as a system provider.
At that time, the site employed around 20 people.
Due to the increasing demand for SFC’s solutions in recent years, the workforce has been expanded to around 115 employees.
This means that around 30% of the total workforce of 421 people will be employed at the site in Romania in the first half of 2024, underlining its central importance for the Group as a whole.

With the ceremonial opening of the newly constructed building, in the immediate vicinity of the previous location, the foundations have been laid for the next stage of SFC Energy’s planned growth course.

The new production facility was specifically planned and set up by SFC according to its own requirements and needs in order to create optimal conditions for employees and the production of methanol and hydrogen fuel cells as well as power management solutions.
The modern and high-purity production environment includes full air conditioning in sensitive production areas, which should ensure even better compliance with the high quality standards that SFC’s customers have always valued.

The fully equipped and already occupied building has more than 4,600 m2 and thus offers more than double the space compared to the previous location.
A photovoltaic system ensures a sustainable energy supply.
In addition to production, functional procurement, quality assurance, customer service through to human resources and administration are bundled at the new site.
The existing R&D activities will be expanded as part of the EU-funded hydrogen initiative in Cluj and the decade-long cooperation with the Technical University of Cluj-Napoca will be intensified.
Production of solutions in the Clean Power Management segment, including coils, coil assemblies and linear drives, is currently being ramped up.
This also applies to solutions in the Clean Energy segment, particularly for the core component, the methanol or hydrogen fuel cell.
The aim is to achieve a production capacity of 3,000 fuel cells by the end of the year.
A gradual expansion to up to 30,000 fuel cells per year is planned by the end of 2028.

Dr. Peter Podesser, CEO of SFC Energy AG: “The expansion of our production capacities is an important step on our growth path and a concrete contribution to decarbonization. Together with the already completed doubling of our MEA capacities in Swindon (United Kingdom) and the successive expansion of our fuel cell capacities here in Cluj, we are in a position to raise our impact and effectiveness for our customers to a new level. As the Management Board team, we would like to express our sincere thanks to all internal and external project participants who have contributed to the successful and timely achievement of this milestone.”

Further information on SFC Energy’s Clean Energy and Clean Power Management solutions can be found at www.sfc.com

About SFC Energy AG

SFC Energy AG(www.sfc.com) is a leading supplier of hydrogen and methanol fuel cells for stationary, portable and mobile hybrid power solutions.
With its Clean Energy and Clean Power Management business segments, SFC Energy AG is a sustainably profitable fuel cell producer.
The company sells its award-winning products worldwide and has sold more than 65,000 fuel cells to date.
The company is headquartered in Brunnthal/Munich, Germany, and has operating subsidiaries in India, Canada, the Netherlands, Romania, the United Kingdom and the United States of America. SFC Energy AG is listed in the Prime Standard of the German Stock Exchange and has been part of the SDAX selection index since 2022 (WKN: 756857 ISIN: DE0007568578).