# Alvimedica to open mega stent production facility in Istanbul

Alvimedica is ready to launch its mega stent production facility in Istanbul with an investment of 1.7 billion Turkish liras ($310 million), set to produce 900,000 stents annually.

- Type: New facility
- Announced: 2018-11-02
- Where: Istanbul, Türkiye
- Value: $310.0M
- Jobs: 1,000
- Starts operating: Dec 2018
- Status: under construction
- Capacity: 900,000 stents per year
- Products: coronary stents, catheters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Alvimedica](https://endata.com/companies/28157.md)

## Sources

- [aa.com.tr](https://www.aa.com.tr/en/economy/turkey-s-mega-stent-production-facility-ready-to-open/1300947), 2018-11-02: "We will produce 900,000 stents after our factory starts production."

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