The medical equipment maker's new 47,000 sq m complex will open in 2027 and double its production capacity; BTL Industries also won a regional development award at the Manager of the Year 2026 ceremony.
BTL, a developer and manufacturer of medical equipment, is investing nearly €40 million in a second high-tech plant in Plovdiv, the company's press office said on 3 November, according to BTA. The plant will double BTL's production capacity and add key stages to its production cycle.
The new plant is expected to open in 2027 and create more than 250 jobs in the Plovdiv region, where BTL already operates its largest manufacturing and logistics centre for finished products worldwide, the company said.
The complex covers 47,000 sq m, including 24,000 sq m of built-up area. Alongside the existing machining and automation processes, the facility will use industrial robotics, artificial intelligence, advanced software and engineering solutions to streamline production and meet rising global demand.
BTL said the investment is part of its strategic expansion in Bulgaria and is driven by the need for more production capacity, greater vertical integration and more flexible, independent operations. Vertical integration means bringing more stages of production in-house rather than relying on outside suppliers.
On the same day, BTL Industries received the Prof. Lachezar Tsotsorkov Special Award for Regional Development at the Manager of the Year 2026 ceremony at the Sofia Opera and Ballet, BTA reported. Chief executive Veselin Karavasilev accepted the award. The ceremony, attended by President Iliana Iotova, also gave awards to the logistics company LOGIT, which won the Business in the First EUR 10 Million category, to United Bulgarian Bank for Business Transformation and to UniCredit Bulbank as Team of the Year. More than 80 nominations were submitted.
The new plant will be BTL's second production site in Plovdiv and will sit alongside its existing manufacturing and logistics centre in the region.