# Ferring invests €40M in new production building in Kiel

Ferring is investing approximately €40 million in a new 15,000 square meter production building at its Kiel, Germany site. The foundation stone was laid on May 10, 2019.

- Type: Expansion
- Announced: 2019-05-10
- Where: Kiel, Germany
- Value: $45.0M (40.0M EUR)
- Status: under construction
- Capacity: 15,000 square meters
- Products: hormone preparations
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ferring](https://endata.com/companies/38838.md)

## Sources

- [apotheke-adhoc.de](https://www.apotheke-adhoc.de/nachrichten/detail/markt/ferring-investiert-40-millionen-euro-in-kiel-neuer-produktionsstandort/), 2019-05-10: "Ferring will in Kiel rund 40 Millionen Euro in ein 15.000 Quadratmeter großes Produktionsgebäude investieren."

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