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Clothing distributor to invest in Tunisia textiles base
13 Mar '07
1 min read
The Damartex group announced this day its project to invest in a manufacturing unit in Tunisia, whose startup should begin in 2008 and be prolonged until 2009, and to transfer its activities of textile production to it.
The projected investment answers the need for adapting the industrial tool to the current sectoral environment and falls under the continuity of the committed movement these last years. Nearly 70% of the activities of clothes industry of the group are, indeed, right now localised in Tunisia, where they are entrusted to local subcontractors.
The reorganization considered falls under an industrial and commercial step. It will make it possible the group to join together within a single site the whole of its activities of production and to preserve the control of its process and its techniques of manufacture.
Its productivity will be thus improved, its preserved know-how and its capacity of innovation and reinforced differentiation.
The impact on the short-term results should be limited insofar as the transfers of production are spread out in time and do not give place to social plans. The group intends, indeed, to support the reclassification of its employees, like it always did it.
The projected investment answers the need for adapting the industrial tool to the current sectoral environment and falls under the continuity of the committed movement these last years. Nearly 70% of the activities of clothes industry of the group are, indeed, right now localised in Tunisia, where they are entrusted to local subcontractors.
The reorganization considered falls under an industrial and commercial step. It will make it possible the group to join together within a single site the whole of its activities of production and to preserve the control of its process and its techniques of manufacture.
Its productivity will be thus improved, its preserved know-how and its capacity of innovation and reinforced differentiation.
The impact on the short-term results should be limited insofar as the transfers of production are spread out in time and do not give place to social plans. The group intends, indeed, to support the reclassification of its employees, like it always did it.
Damartex
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