Ottobock opens plant in Blagoevgrad, Bulgaria

Germany-based medical technologies company Ottobock opened a manufacturing plant for high-tech prosthetics and bionic implants in Bulgarian city of Blagoevgrad, on a total area of 16,143 sqm.

The company did not disclose the exact value of its investment, but the Bulgaria's economy ministry said in a press release that Ottobock plans to invest over EUR 10 million in the plant and create 300 jobs.

“Blagoevgrad is an ideal location for our new plant. It has an optimal infrastructure, the people are very well trained and technically adept, and we are creating new jobs in the EU by selecting this as our location,” said Hans Georg Näder, owner and chairman of the board of Ottobock.