Albanian clothing industry on verge of bankruptcy
The activities of Albanian clothing and footwear factories suffered a sharp decline last year in all indicators, inlcuding production, sales and wages.
According to the Institute of Statistics, the employment index for the third quarter in the textile industry fell by 20.8% compared with the same period in 2023, while the salary index decreased by 21%., the employment index for the third quarter in the textile industry fell by 20.8% compared with the same period in 2023, while the salary index decreased by 21%.
For the full story, see the January 2025 edition of Textiles Eastern Europe.
Photo: Invest in Albania