Type
Business expansion
Country
Bulgaria
Region
Yuzhna Bulgaria; Yugozapaden; Sofia (stolitsa)
Location of affected unit(s)
Sofia
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.50 - Manufacture Of Medical And Dental Instruments And Supplies

100 jobs
Number of planned job creations
Job creation
Announcement Date
20 September 2023
Employment effect (start)
20 September 2023
Foreseen end date
31 December 2023

Description

Ottobock Bulgaria EOOD, the Bulgarian subsidiary of the German company Ottobock which is a world leader in the production of high-tech and bionic prostheses, has opened a new manufacturing complex and service centre in Sofia. The new investment will create 100 new jobs.

Ottobock currently employs more than 300 people in its Blagoevgrad production complex. The restructuring is part of the company's strategic plan to increase its presence and investments in Bulgaria. The company has already invested nearly 22 million euros in the country.


Sources

Citation

Eurofound (2023), Ottobock Bulgaria EOOD, Business expansion in Bulgaria, factsheet number 200340, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200340.