Sparky, Bulgaria’s Ruse-based farm machine producer, will spend 50 mln levs on new production assets over the next three years in a move to double capacity, the company said. The firm will build a new plant with both outdoor and indoor premises and create 220 jobs.

A portion of the investments will go to warehousing, a test track and new equipment. The second stage of the programme envisages doubling the company’s production capacities by the end of 2014.

Now Sparky has 900 people on the payroll and ships 98 pct of its produce abroad, the bulk of it to Western Europe. Sparky is part of Sparky Group, which comprises also power tools manufacturer Sparky Eltos.