The Denyl Discret clothing factory in Varna, Bulgaria, known for its Denyl menswear brand, has been put up for sale at the request of Raiffeisenbank Bulgaria, which is the creditor.
Payments have been stopped, but the factory is still working. The property for public sale comprises a total area of 925 m2, with administrative and production buildings, at a minimum price of BGL2.54m (US$1.75m).
For the full story, see the March 2014 edition of Textiles Eastern Europe. Not a subscriber? Subscribe HERE