Italian Miroglio Group opens EUR 37.5 mil factory

Italian textile maker Miroglio Group opened a 73.7 million lev / 37.5 million euro wool spinning and textile dyeing factory in Bulgaria, expanding its presence in ... More

Norwegian-Macedonian company for production of flax and woolen yarn established in Tetovo

Company "Teteks" from Tetovo and Norwegian companies "Sandnes Uldvarefabrik AS" and "Vigo Eriksen Holding AS" signed Thursday an agreement for establishment of a joint company "Teteks Yarn" in Tetovo for production of flax and ... More

Croatian firm wins Belgrade UniGames contract

Croatian textiles and clothing firm Varteks has won a contract for the supply of clothing and footwear for around 50,000 athletes who will participate in the University Games in Belgrade in 2009. The contract win was announced ... More

Sports apparel co Sportalm to build new factory in Bulgaria

Sportalm, the Austrian manufacturer of sporting gear, will start later this year the construction of a new factory in Madan, Southern Bulgaria, news agency SeeNews reported on Wednesday, June 20. The 6 mln sports apparel ... More

Hellenic Fabrics enters sector

Leading Greek textile manufacturer Hellenic Fabrics S.A has decided to also enter the energy sector. To this end, the company says in a press release, it has formed a new company, Hellenic Energy S.A. Shareholders of the new ... More

The Russian businessman returns to Zrenjanin for the purchase of "Proleter" factory

The owner of the Russian company "Belan", Vladimir Antonov was yesterday (June, 12th, 2007) in Zrenjanin with intentions to make agreement for the purchase of the carpet factory "Proleter", which is in banckrupcy. Antonov asked ... More

Artman to enter Romanian market

Polish textiles retailer Artman plans to develop an international network of personal stores in the main European cities, the first two units being opened in Romania. The two stores will be opened by year-end and will have a ... More

Clothes Retailer C&A Plans to Enter Slovenia in Autumn

The German retail clothes chain C&A plans to open branches in four Slovenian cities, the company has told STA. The first store is scheduled to open in the NE city of Maribor on 30 August. According to the company, the second ... More

Miroglio to invest 20 mln euro in Svishtov factory

Italian businessman Edoardo Miroglio Thursday told a news conference he has acquired for an undisclosed amount the synthetic silk plant in Bulgarian town Svishtov. Over 20 mln euro will be invested in the plant in the next 5 ... More

Miroradici group plans EUR 10 million logistics center

Italian Miroradici group plans to invest EUR 10 million in a logistics center in Satu Mare, after it purchased the textile factory Mondiala based in Satu Mare from SC Steilmann Romania SRL. The company’s representatives ... More

New contracts signed at the textile plant in Bacau

Almost half of the 300 Chinese workers from the textile plant in Bacau, who have protested for one week against the low salaries, have finally signed the new work contracts. 130 of the Chinese women decided to keep working at the ... More

10 mln euro from SIEPA for underwear factory

The Serbia Investment and Export Promotion Agency (SIEPA) will give 10 million euro to Italian socks, tights and underwear producer Calzificio Real and Serbian Figrad to set up a plant in Serbia. The investment will help create ... More

"Yumco" from Vranje seeks strategic partner

Thanks to the huge devotion of the employees, "Yumco" managed to realize the business plan for year 2006. The goods worth more than 2.5m EUR have been exported to the foreign markets. After the consolidation, 2,400 workers ... More

Bacau County Council intervenes in Chinese workers’ protest from textile factory

Only 20 of the 300 Chinese workers hired by a textile factory from Bacau started working again, after they had attacked the unit’s general manager only one day earlier, and on Monday the heads of the Bacau County Council ... More

Pazardjik co to build 8 mln lev tailoring factory

Local company Envogue said it will invest 8 mln levs in the construction and outfitting of a tailoring factory in Pazardjik, Southern Bulgaria. The facility, which has planning approval, will have a built-up area of 10,000 sq m ... More

Turkey to Implement Extensive Textile Quotas on China

Turkish foreign trade officials have decided to impose quota restrictions on the importation of some Chinese textile products. A study conducted by the Undersecretariat for Foreign Trade concluded that the present Chinese ... More

Construction of "Sloboda" - new factory of company "Yumco" - commences in February 2007

The manager and the owner of British textile company "Alena Limited", Jani Salas, said in Vranje that the construction of brand new "Yumco's" textile factory "Sloboda" would commence in February 2007 and that its completion was ... More

Turkish Textile Companies to Open Stores in Bucharest

Leading Turkish apparel brands such as Kigili, Aydinli, Ramsey, Ipekyol, Damat, Faik Sonmez, Desa, Collezione and Inci Shoes signed an agreement to open stores in high-end malls by June 2007 in the Romanian cities of Bucharest ... More

Serbian clothing company sale sparks foreign, local bids

Five potential domestic and foreign buyers have shown interest in the sale of Prvi Maj clothing company in Pirot, Serbia, after two invitations for participation in the tender for the sale of the company were launched. According ... More

Bids for Niska Industrija Tekstila ranked

The Serbian Privatisation Agency stated that the tender commission, at its second session held on October 30, ranked bids for the purchase of 100% of the total registered capital of socially-owned company Niska Industrija ... More