Lauma Fabrics hives off medical business


Lauma Fabrics of Liepaja, Latvia, a manufacturer of lace, elastic knitted fabric and ribbons, has separated its medical business with the establishment of a new subsidiary – Lauma Medical.

The separation was undertaken to allow the medical business to develop and be led independently, said Lauma Fabrics, a subsidiary of Stockholm, Sweden-based European Lingerie Group.

For the full story, see the September 2019 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE