Home / Knowledge / News / Textiles / 'We are optimistic about future' – Pagmat Inc
'We are optimistic about future' – Pagmat Inc
28
Aug '09
Established in 1979, Pagmat Inc., a Turkey based company, is a closely held Corporation dealing in cotton, yarn and food products. With production facilities in the hearth of main cotton growing areas of Western Aegean region, Pagmat is an export oriented company with customers who are particular about product quality and well organized production systems.

Pagmat employs 570 people and has an asset size of US $45 million and annual revenues of $40 million, of which more than three- quarters of its sales are realized from export markets. Pagmat is the flagship company of the Group, which consists of five companies operating in the textile sector.

Fibre2fashion spoke exclusively to Mr Sedat Almis, Trade Manager at Pagmat to know about the current situation of the textile sector in Turkey and measures taken by them to reduce the impact.

Mr Almis said that the situation is not so good, as there is still excess capacity within the sector and it is diffcult to foresee future trends due to economic crisis and due to weak demand we have also reduced production as done by many others”.

He added by saying that despite the fact that they manufacture fine count yarn, they also have been impacted by the recessionery trends, but are optimistic that things will improve in the near future.

Fibre2fashion News Desk - India


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silvia Venturini Fendi
Fendi s.r.l

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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