Category: Emerging Markets
Turkish knitters urged to set up manufacturing plants in Serbia
Turkish investment in Serbia is expected to grow in the short term as the Balkan country offers some of the best conditions for foreign direct...
Clothing factory in Albania to create 700-800 new jobs
A clothing factory is to be founded in Gyumri, Armenia, under a US$12m investment programme that is set to generate 700-800 jobs.
Bulgarian covered yarn producer to produce textured silk
Bulgarian covered yarn producer Nikolov & Sons based in Parvomay will start producing textured silk from September. The investment is estimated at €1.
Dutch companies consider textile opportunities in Armenia
In April, CSR Netherlands brought 15 Dutch textile companies to Albania.
Bosnian mattress producer starts construction of new production unit
One of the largest producers of mattresses in Bosnia and Herzegovina, Nobil of Nova Bila near Travnik, has started construction of a new production unit...
Declining clothing sector employment in Cambodia despite rising exports
The sixth edition of the International Labour Organization’s Cambodian Garment and Footwear Sector Bulletin points out that while exports continued to grow at a solid...
Indonesian textile exports touch US$2bn in early 2017
In the first two months of 2017, Indonesia’s textile and textile product (TTP) exports touched US$2bn, up 3% compared with the same period in the...
Scavi aims for top position in global lingerie production
Scavi, one of the largest foreign-invested companies in Vietnam’s fashion sector, has been listed as one of the country’s 500 largest companies in 2016, announced...
Myanmar's clothing sector looks for favoured status
The Myanmar Garment Manufacturers Association says it is working for most-favoured nation status so that the cutting, making and packaging clothing industry can receive tax...
IVL becomes sole owner of Trevira
Thailand’s Indorama Ventures (IVL) has become the sole owner of Germany-based speciality polyester fibres producer Trevira through the acquisition by its indirect subsidiary Indorama Netherlands...
Work starts on Nha Be clothing factory in Soc Trang
Nha Be Textile Garment has started construction of a new clothing factory in the Mekong Delta province of Soc Trang.
Russian textile industry may face new wave of crisis and bankruptcies
The Russian textile industry could face a new wave of crisis and bankruptcies of local producers owing to a shortage of working capital and low...
Ukrainian government to assist recovery of domestic textile industry
The government of Ukraine plans to assist the recovery of the domestic textile industry from the consequences of the financial crisis, which was caused by...
New flax programme may be drafted by Union State
A programme for the flax industry for Belarus and Russia could be developed, according to Grigory Rapota, State Secretary of the Belarus-Russia Union State, after...
Bosnian textile industry records significant increase last year
In 2016, the total foreign trade of Bosnia and Herzegovina amounted to BAM26. 0bn (US$14.
Mars Armor invests in expansion in Bulgaria
Bulgarian company Mars Armor, which specialises in the production of bulletproof vests, has invested BGN25m (US$14m) in expanding its operations at the plant in Kostinbrod...