Home / Knowledge / News / Apparel/Garments / FEPAIUS advocates buy local goods to stave off job losses
FEPAIUS advocates buy local goods to stave off job losses
27
Mar '09
According to the President of the Light Industry Employers Federation (FEPAIUS), Mr Aurelian Popescu, Romanian manufacturers from the textiles, garments and leather sectors, have been forced to reduce export prices by nearly 15 percent.

Along with the reduction in prices, orders have also gone down by nearly 20-25 percent. The twin effects, according to the President have resulted in triggering more than 5,000 lay-offs, since the beginning of 2009 out of the 289,000 people employed by the sectors.

He said, the annual industrial production is also down by 20 percent due to drop in export orders and domestic sales and the only way out of this crisis and avoid further lay-offs was to persuade consumers to buy 'Made in Romania' goods to stave off further job losses.

He added, Romanian products are as good in quality and durability as goods imported from China and other countries. Giving an example he said, “Romania produces 30 million pairs of footwear against a consumption of 60 million pairs”.

He explained further by saying, “Out of the total Romanian footwear production, only 30 percent is sold in local markets and the rest is meant for exports to other countries, which means we are dependent on imports for the rest of the requirements”.

So, he ended by saying, “Buy Romanian products to save the thousands of jobs, which if the situation does not improve are under the chopping block and is also not projected to improve at least till the end of 2009 and beginning of 2010”.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search