Latest News From Textiles Eastern Europe
Buy A SubscriptionUkraine and EU agree to zero duties on textiles and garments
Ukraine and the EU have agreed to set a zero duty on textile and ready-made garments from the moment an agreement on free trade zone between the sides takes effect, without any transition periods, according to Ukrainian government’s commissioner for European integration, Valeriy Piatnytsky (pictured).
Protective measures considered prior to Russia's WTO accession
Prior to Russia’s long-awaited accession to the World Trade Organization (WTO), the country’s government is considering developing mechanisms to protect the national textile and light industries from foreign supplies of counterfeit products, in particular from China, said Russian Prime Minister Vladimir Putin (pictured) during a recent meeting in the Russian Chamber of Commerce.
Russian investors acquire French swimwear producer
Parisian LLC, one of Russia’s largest lingerie distributors and retailers, has acquired French lingerie producer Wilgal Diff Bip Bip, which owns a factory for the production of premium swimwear in Juan-les-Pins, between Nice and Cannes, France.
Slovenian fibre maker launches recycling project
Slovenian synthetic fibre maker Julon has launched a high-tech investment project worth EUR17m (US$24.2m), of which EUR3.6m (US$5.1m) was contributed by the government. Economy Minister Darja Radic said the project will bring technological development and high-quality jobs.
Polish apparel makers eye foreign markets
Polish producers of clothing and footwear are looking to expand into foreign markets. For example, Tatuum already operates two stores in Shanghai, China, and other clothing companies, such as LPP, owner of the Reserved brand, Cropp, House and Coccodrillo, are getting ready to mark their presence there, reports Dziennik Gazeta Prawna.
Ukraine’s light industry asks for government support
Light industry enterprises in Ukraine have decided to ask the government and the national parliament for protection and support. According to the resolution of the congress ofenterprises that are part of the Ukrlegprom association, the industry is facing many problems, particularly reduced production.
Solving Russia’s cotton fibre shortage problem this year
The Russian government is considering implementing a number of measures to address the projected shortage of cotton in the country this year. Since the beginning of 2011, world cotton prices have climbed by more than 45% and most experts predict a shortage of cotton fibre in the Russian market from April-May this year.
Tajik industry boosted by US $30m cotton spinning mill
Plans to rebuild Tajikistan’s cotton industry have taken a step forward after a new US $30m modern spinning mill, funded by the Eurasian Development Bank (EDB), opened in the suburbs of Khujand. It is the EDB’s first investment project in this country.
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