Manufactured under license from 1975 to 2007. Production was undertaken at the state factory Number 10 in Kazanlak (under Soviet supervision until 1976). After 1989, factory's name was changed to Arsenal or AD. Some specially made after the fall of communism, with Cerakote finish and red star grips for U.S. market. As the last licensed Makarov, many were sold to Slovenia after the Iron Curtain fell. As the most commonly encountered of all Makarov designed pistols, Bulgarian version is identified by Circle 10 on left frame along with serial numbers on this side as well. Manufacture dates consist of a coded numerical suffix adjacent to the serial number. Slovenian imported versions are usually in new, unfired condition, in cosmoline and if accompanied by holster and maintenance log book, values will increase by 40 percent. Those manufactured in the 1970s appear to fetch a higher price.