Home / Knowledge / News / Textiles / Germany to assist Macedonian textile firms
Germany to assist Macedonian textile firms
27
Feb '12
Textile and garment companies in former Yugoslavian Republic of Macedonia will be able to enhance their global competitiveness by December this year, owing to an agreement between Macedonian Ministry of Economy and the German Society for International Cooperation (GIZ).

The agreement is for implementation of the second stage of “Enhancement of Investments and Exports” project, under which Germany will provide financial assistance of €1.9 million.

The first stage of the project was launched in 2008 with €600,000 assistance for improving competitiveness of Macedonian companies belonging to the textile and garment sectors, among others. The first stage was completed in December 2009.

Besides the GIZ's German-Macedonian development cooperation that falls under the purview of the German Federal Ministry for Economic Cooperation and Development, Macedonian textile cluster and the Agency for Foreign Investments and Export Promotion are also involved as project partners.

Valon Saraqini, Macedonian Minister of Economy, said the second stage of project would not only enrich the international competitiveness of the country's textile and clothing sectors, but would also generate jobs, and boost exports and investment.

He informed that the project would work in three levels. At the macro level, focus would be on developing a strategy for increasing investments and export. At the meso level, stress would be on strengthening production capacity of companies, and the micro level would involve discussion and meetings, participation in international fairs and events, and publishing of promotional materials.

Michael Nebelung, GIZ country director, said Germany has supported Macedonia since 1992 with the primary objective of its economic development. He said GIZ has provided support for several Macedonian projects.

During the last two decades, Germany has released €61 million to support various projects in Macedonia.


Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

India to be largest cotton producer in 2018-19: USDA

Textiles | On 22nd Jun 2018

India to be largest cotton producer in 2018-19: USDA

For the fourth consecutive season, India is expected to be the...

Organic Basics gets Polygiene help for advanced underwear

Apparel/Garments | On 22nd Jun 2018

Organic Basics gets Polygiene help for advanced underwear

Danish firm Organic Basics is working with Swedish company Polygiene, ...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search