The city authorities of Vinnytsia and Vinnytsia Regional State Administration have signed a memorandum of understanding with Head International GmbH, the world’s manufacturer of sports equipment, the UkraineInvest office said on Facebook. “Today one of the world’s leading sports equipment manufacturers, Head International GmbH, has signed a memorandum of understanding with the city of Vinnytsia and Vinnytsia Regional State Administration, according to which the company plans to expand its activities in Ukraine to produce winter sports equipment,” the report said. It is expected that the multimillion-dollar investment project will create a significant number of jobs within five years, make Vinnytsia known for the fans of skiing thanks to the worldwide recognized global brand Head, UkraineInvest said.
Head UK Ltd. is one of the world’s leading manufacturers and sellers of sports equipment and clothing. The company’s business includes five divisions: winter sports, racket games, diving, sportswear and licensing. The trademarks of the company are HEAD, Penn, Tyrolia, Mares, SSI, and rEvo. The main markets are Europe (mainly Austria, Italy, Germany, France, Switzerland, the Benelux countries, Spain, Great Britain, the Czech Republic, and Poland), North America, and Asia.
