Lifeline exists for textile crisis
Is the decline of the textile sector in Romania inevitable or has the industry talked itself into self-destruction? Asks Corina Ilie July 2008 - From the Print Edition
Romania’s textile industry is in decline, but a lack of Government incentives and a failure by the sector to recognise the competitive nature of the market must take a share of the blame.
Since Communism the country has been a target for lohn production, with workers stitching together materials in a kit using raw materials from Asia and designs from parent companies based in countries such as Italy and the UK.
There are also a group of succesful domestic firms, such as Pasmatex and J&... To continue reading this article you have to be registered
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