Home News International manufacturer of medical equipment with a large-scale investment in Plovdiv

International manufacturer of medical equipment with a large-scale investment in Plovdiv

BTL Industries, the world’s leading manufacturer of high-tech medical equipment, today announced its decision to build a new manufacturing facility in Plovdiv. The new factory with warehouses and office buildings will be built in response to the growing need to expand the company’s operations in Bulgaria. The new base will be located in the central part of Plovdiv and will occupy over 20 000 square meters of floor space. The plans are the production facility, which will employ more than 500 employees, to be completed by 2021. The expectations are that the investment will contribute to the overall economic development of the region.

“Every time a new investor comes to Plovdiv, it is an honor for us, but it is also a satisfaction with the work we are doing in the municipality to make the city even more attractive for investments,” said eng. Ivan Totev.

For his part, Deputy Minister of Economy Lachezar Borisov, said that Plovdiv has established itself as the industrial capital of Bulgaria and is among the leaders with the lowest unemployment relatively. “This shows that Plovdiv can retain its citizens and its personnel,” Deputy Minister Borisov said and gave the company a Class A investment certificate.

“BTL Industries is growing rapidly and has achieved impressive results in the international market. The company sees huge potential in Bulgaria due to the favorable business conditions and the speed by which the local economy is developing. In particular, over the last 20 years, we have been able to build an extremely well-functioning organization and a strong team of professionals, and most importantly great people. This motivates us to continue investing and expanding our business in Bulgaria”, said Georgi Petkov, CEO of BTL Industries Bulgaria.

BTL Industries is a leading international provider of the latest generation of medical equipment in three fields: cardiology, physiotherapy and aesthetic medicine. The products are sold in more than 120 countries on 6 continents. Over the years, BTL products have won worldwide recognition and a number of awards for innovation and contribution to the advancement of medicine. Today, they are used by some of the best medical professionals and world-renowned clinics.

“Every time a new investor comes to Plovdiv, it is an honor for us, but it is also a satisfaction with the work we are doing in the municipality to make the city even more attractive for investments,” said eng. Ivan Totev.

For his part, Deputy Minister of Economy Lachezar Borisov said that Plovdiv has established as the industrial capital of Bulgaria and is among the leaders with the lowest unemployment relatively. „This shows that Plovdiv can retain its citizens and its personnel,” Deputy Minister Borisov said and gave the company a Class A investment certificate.

Source: www.plovdiv.bg