The new factory, marking the group's first industrial hub in Europe and its first strategic investment outside Israel, will produce advanced medical and surgical instruments for international clients.
The ceremony was attended by the Mayor of Guimarães, Ricardo Araújo, TAG Medical Products Chairman Ran Ben Or, and Head of TAGlobal Portugal, João Barbosa.
Ricardo Araújo highlighted the investment's importance for the municipality's economic development, emphasizing the attraction of technology, skills, and innovation in a specialized sector. "We want Guimarães to also be the Cradle of Innovation," he stated.
Ran Ben Or explained the choice of Portugal and Guimarães due to their industrial tradition, technical expertise, and the supportive environment for advanced industry found at Avepark. "We came to Guimarães to stay, build, and grow together," he assured.
João Barbosa stressed the commitment to the community and Guimarães' development, announcing the building of a strong team and the manufacturing of medical devices to the highest standards.
The establishment of the manufacturing unit is the result of cooperation between the multinational, the Guimarães Municipal Council, ISEP, and local partners.
