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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

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