# Samyang Holdings completes biodegradable suture yarn factory in Hungary

Samyang Holdings' Biopharm Group completed a biodegradable suture yarn factory in Gödöllő, Hungary, with an investment of approximately 28 billion KRW. The factory, built on a 36,000㎡ site, aims to produce up to 100,000 km of suture yarn annually by 2025.

- Type: New facility
- Announced: 2023-06-13
- Where: Gödöllő, Hungary, Hungary
- Value: $21.6M (28.0B KRW)
- Starts operating: 2025
- Status: completed
- Capacity: 100,000 km of suture yarn annually
- Products: biodegradable suture yarn
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Samyang Corporation](https://endata.com/companies/29568.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2023061409153462354), 2023-06-14: "Samyang Holdings, which boasts the global market share No.1 in the field of 'biodegradable suture yarn' known as surgical absorbable thread, has completed a production plant in Hungary."

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