Home / Knowledge / News / Textiles / Bulgarian textile & apparel exports rise 8.5% in 2013
Bulgarian textile & apparel exports rise 8.5% in 2013
22
Feb '14
The exports of fabric and garments from southeastern European country of Bulgaria increased by 8.5 percent year-on-year to a record-high of €1.8 billion last year, reports Sofia News Agency.
 
According to the report, there was an increase of approximately €130 million in export earnings of the Bulgarian textile and clothing sector in 2013, compared to the exports recorded in the previous year.
 
The Bulgarian textile and clothing sector was a thriving business prior to 2008, when the economic crisis forced several business to shutdown or reduce their production.
 
However, 2012 showed revival in the sector, and given the recovery in other markets, Bulgarian textile and apparel sector has an optimistic outlook for 2014.
 
At present, the Bulgarian textile and clothing industry employs over 120,000 people.
 
Meanwhile, German companies have shown interest in investing in Bulgaria’s textile sector. Last year, German investments in Bulgaria increased and it turned out to be the third largest investor in Bulgaria with an investment of €199.4 million.
 
In mid-2013, several businessmen from Shaoxing city in China visited Burgas, the second-largest city on the Bulgarian Black Sea Coast, to explore construction of a textile factory and a showroom.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Johan Berlin
InvestKonsult Sweden AB

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 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

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

Yes No

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

Yes No

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


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



X