Spinal system and contrast media injector firm Ulrich Medical plans to invest 2 million euros in its production plant in Ulm, Germany.
It also plans to invest in the installation of a thermal power plant at its Ulm location, which will allow the company to provide its own electricity.
In the past year, Ulrich Medical increased its market share in the French market by 5.8%, distributing its contrast media injectors through a wholly owned subsidiary there, the company said.