New investment of over BGN 80 million – 40 million EURO in high-tech production of robotic surgery equipment

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An investment of over BGN 80 million is planned by the high-tech company Intuitive, a leader in the production of equipment for robotic surgery and minimally invasive care.

The company will invest in the construction of a modern production base in Parvomay, Plovdiv region, which will increase its production capacity of 3D endoscopes for robotic surgery and expand its development in Europe.

This became clear after working meetings held at the Ministry of Innovation and Growth and the Plovdiv Regional Administration, where the first phase of the investment project was presented. The new facility will increase the production capacity of 3D endoscopes used globally in Intuitive’s robotic Da Vinci surgical system, which is currently being manufactured in Germany.

The investment in Bulgaria will lead to the creation of more than 100 new jobs, with the potential to reach over 300 in the next few years. “We are confident that Intuitive’s production base will lead to the economic development of the entire region, and it is especially valuable that high value-added products will be produced,” said Minister of Innovation and Growth Daniel Lorer. He expressed his full support for the implementation of the investment project. According to him, more and more investors are interested in opening high-tech and innovative productions in the country. Minister Lorer also pointed out that foreign investments in Bulgaria have quadrupled in the first quarter of this year compared to the previous quarter, reaching 1.055 billion euros, according to the latest data from the BNB.

“This investment confirms the positive trend since the beginning of the year,” the minister added. The Executive Director of the Bulgarian Investment Agency Bogdan Bogdanov stressed that Bulgaria seeks to attract just such investments with high added value to support economic growth. Intuitive is pleased to expand its production capabilities through this project in Bulgaria. This new facility will enable us to increase the production capacity of 3D endoscopes and meet the needs of our customers, “said Harold Higgins, Vice President of Manufacturing Operations Europe, Middle East and Africa and General Manager of Intuitive. Based in Sun Valley, California, Intuitive is a manufacturer of Da Vinci systems for assisted surgery. Surgeons around the world have completed more than 10 million surgeries using the Da Vinci system. The growing demand for robotic technologies in Europe and around the world in this area is part of the decision to expand the company.

Ministry of Economy

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