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Yesim Tekstil to form JV with Spanish company

11
Apr '07
Yesim Tekstil is manufacturing home textile products for many companies across the globe, and now the company will form a joint venture with Spanish Company in Bursa to set up painting factory by investing around $5 million.

It has been announced by Senol Sankaya, CEO of Yesim Tekstil that company, which manufactures products for brands like Nike, GAP and Zara, will join hands with a Spanish Company. He also added that they have potential in yarn, fabric, clothing hand work, printing, needlework, accessories.

Moreover, due to quick logistic infrastructure, they are able to serve their customers earlier than their competitors.

According to Sankaya most of the famous brands aim to grow up in the Russian and European market and they open offices in Turkey and started to work with Turkish textile companies because of the closeness to this area/region.

Sankaya informed that they will continue their investments to meet needs of the brands as a supplier and to create a difference in world competition. Senkaya stated, that Yesim Tekstil has realized exports of about $260 million in 2006 and is expecting an increase between 15-20 percent.

Fibre2fashion News Desk - Turkey


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