BY international.news

The plant itself is going to be built on 6 000 sq. m. and would provide jobs for some 60-100 bulgarians (according to different sources).

The value of the investment is calculated at some EUR 4 million. It inspected for the plant to commence production in the 2nd half of 2008.

The news was announced today after the executive vice-president of Head's diving division, Mr. Gerald Skrobanek met the mayor of Pazardjik, Mr. Todor Popov. However the information "leaked" few days ago, but was not published here by Mares' request.

It is still unclear what portion of its production Mares intends to move to Bulgaria, but it is expected that the Pazardjik facility will produce a very broad line of diving and spearfishing gear.

During the year the company took steps to broaden its spearfishing business and gave up on the traditional and well known brand Sporasub.

All spearfishing products will be sold under the Mares brand, for which a special web-site is already operational.

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