The subsidiary of the German company L & O Hunting Group GmbH - "Gabinvest" Ltd. will invest 8 million. Lev in expanding its activities in Bulgaria. The company will start construction of a new plant in the area Koleva Livada.
The Company is engaged in the production and processing of various components of weapons for hunting, sightseeing and sporting guns. Construction of the plant will allow to increase production by nearly 30%, and for creating new jobs.
"Gabinvest" Ltd started business in 1992. Since then, the company became the market leader for the production of hunting components. The new plant is another step towards cementing this position. Its construction will be carried out in two stages, the first to be completed by October of this year.