The name of "BelRoss" factory of Nizhni Novgorod have been changed. Now it is called "Maag". Formerly the factory produced footwear with "Sami" trade mark. In 2003 ZAO "Capital-NN" owning 80% stake of "BelRoss" bought remaining 20% stake from "Marko Enterprise" (Belarus Republic) and registered new trade mark - "Maag". JSC "BelRoss" was established in 2001 on the basis of former leather haberdashery factory "Merost-haberdashery". Now production capacities of "Maag" allow to produce up to 500000 shoes a year.

Source: Regnum, http://www.regnum.ru/
14.04.2004