# Histocell opens first production plant in Larrabetzu, Spain

Histocell inaugurated its first production plant in Larrabetzu, Bizkaia, Spain, with an investment of EUR 1.6 million and the creation of 10 jobs. The company expects to triple revenue to EUR 6 million by 2021.

- Type: New facility
- Announced: 2018-09-14
- Where: Larrabetzu, Bizkaia, Spain, Spain
- Value: $1.90M (1.60M EUR)
- Jobs: 10
- Starts operating: 14 Sep 2018
- Status: completed
- Products: sanitary products, cosmetics, cell therapy drugs
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Histocell](https://endata.com/companies/34326.md)

## Sources

- [elcorreo.com](https://www.elcorreo.com/economia/empresas/biofarmaceutica-vasca-histocell-larrabetzu-20180914155614-nt.html), 2018-09-14: "Esta firma, que tiene sus laboratorios en el Parque Tecnológico de Bizkaia, acaba de inaugurar en Larrabetzu su primera planta productiva en la que ha invertido 1,6 millones de euros y ha supuesto la creación de 10 puestos de trabajo este año."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.