Home / Knowledge / News / Textiles / 'Turkey provides good opportunity for Galician textiles'
'Turkey provides good opportunity for Galician textiles'
14
Jun '13
Turkey, situated at the crossroads of Asia and Europe, provides good opportunity for Galician companies, including textile firms. This was one of the conclusions drawn at the conference on “Turkey: A Good Opportunity for the Galician companies”, organized by Grupo Correo Gallego at San Francisco de Santiago.
 
The economic situation of Turkey is different from Spain. Moreover, 60 percent of Turkish citizens are under 34 years with the average age being 29, which guarantees young and qualified manpower, said Yasemen Korukcu, director of the agency to promote investment in Turkey, at the conference.
 
The Turkish official said that absenteeism in the country is 4.6 days per year. In addition, the unemployment rate in Turkey is only 9 percent, compared to 26 percent in Spain. Thus, there is a growing middle class, which results in significant increase in consumption.
 
The Turkish textile sector exports 50 percent of its production to the EU nations and it provides good opportunity for Spanish and Galician companies, said Armando Villanueva, director of the Istanbul-based Red Pexga, which helps entrepreneurs in their internationalization process.
 
Antonio Fontenla, president of the Galician management forum, defined Turkey as a major market for Galicia and added that there are options to broaden the existing collaboration between the two.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Mark Paterson
Technical Absorbents Ltd

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

Ashok Desai
Bombay Textile Research Association

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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