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


Interviews View All

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Top executives, Textile industry

Top executives
Textile industry

RoSCTL is need of the hour

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Deepak Mundra,

Deepak Mundra

Surat-based Madhusudan Group is a vertically integrated textile...

Wesly Clements,

Wesly Clements

US-based Baldwin Technology Company is a global manufacturer and supplier...

Liz Manning,

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

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

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


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search