A new cigarette brand "Armeec" enters the Bulgarian market.

The executive director of the company "Slunce - Stara Zagora Tabak" AD Stefan Slavov presented the seven types of Cigarettes, with which the brand enters the commercial network.

A pack of "Armeec" Cigarettes will cost 2,4 levs. The company has ambitions to have 4-5 percent market share by the end of the year. The executive director of the factory Stefan Slavov pointed out that by the end of December 2008 the first profit of the company must be realized. 200 million Cigarettes will be produced by then. For 2009 the ambition is a 9 percent market share. Probably in the first quarter of 2009, "Armeec" will go on the international market. Slavov explained that for now the factory will concentrate solely on this brand. Ragarding the name, Slavov explained that it has been chosen among 40 other proposals. The factory has a contract for using the name of the insurance company "Armeec" by 2016. At the moment 165 people work in "Slunce - Stara Zagora Tabak", as the average work salary is 750 levs.

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