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Published On : February 2015
Central and Eastern Europe became one of the fastest-growing regions of the
world from the 1990s up to the global financial crisis in 2008. Emerging from
decades of state economic control they privatized industries, introduced
competition, and tapped the talents of their people to raise GDP and living
standards. Since the crisis the CEE region- like other parts of the world-has
struggled to reignite growth.
The importance of the Textiles and Clothing (T&C) industry in Eastern Europe
varies widely from country to country. The Eastern European country profile
series aims to study that how these countries are current and future
stakeholders of T&C industry in Europe and what factors are making this
The report covers aspects like macroeconomic development of these countries
before and after becoming a member of European Union. It studies the entire
structure of T&C industry in that country covering qualitative information
like historical facts about the industry and the key players, to quantitative
facts like investment in T&C sector, employment in T&C and various
T&C clusters in that country.
It points out the various drivers, restraints and opportunities in the T&C
industry. The report has wide coverage on the Export-Import trade of these
countries w.r.t. textiles and clothing, how the trade has been growing and in
which regions and also what are the possible trade barriers that a country is
facing. The report also defines the energy cost, employment trends and wage
structures to identify pros and cons of employees engaged in T&C industries
in these nations. Regulations and government incentives in these countries are
also listed out.
The report concludes with the industry growth outlook, the supportive facts for
growth and a special comparison with the Turkish Textile industry.
Overview of the Textile & Clothing Industry in EU 28
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