Home / Knowledge / News / Textiles / Solution for closed textile firm in the offing
Solution for closed textile firm in the offing
20
Nov '10
Recently, Robert Schunk – the Minister of Production met the employees of the textile company Copy SA, which had been non-functional for almost a year. He gave an assurance to the workers to find a solution for the problem. He also promised to organize a meeting with officials from the Ministry of Agriculture's Office in order to find a workable option in that direction.

The employees, accompanied by their lawyers, had discussed the state of affairs at the meeting. The employees of the manufacturing unit had organized a labor union to secure the company and enable it to operate once more.

The factory owners had completely neglected the debt obligations for electricity and gas bills that had accumulated. But these problems needed to be resolved as soon as possible in order to carry out with the production work.

The meeting considered various ways to resolve the challenges. The Minister had also put forward a few alternatives and explained how these could be put in to practice. He also gave some instances of the successful implementation of some of these alternatives in other companies in Argentina.

The minister did not rule out the prospect of this venture turning productive aiming at further value addition. This would also help in maintaining the source of livelihood for the people employed there.

Fibre2fashion News Desk-India

Must ReadView All

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

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

Mark Paterson
Technical Absorbents Ltd

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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