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Ukraine's Textile-Kontakt to invest in new fabric unit
08 Oct '18
1 min read
Leading Ukrainian textile fabric seller and producer Textile-Kontakt Group plans to invest up to 100 million Ukrainian hryvnia (UAH) in 2019 in a new fabric-manufacturing unit in Chernihiv. UAH 30 million will be invested this year as the company is scheduled to open in December. The annual capacity of the plant will be 2-3 million meters of fabric.
The unit will create up to 80 jobs and when it reaches full production capacity by 2019 end, 100 more jobs will be created, according to a news agency report.
The products will be will be 100 per cent cotton fabrics: twill, bleached calico and printed cotton and blended raincoat fabric ‘Greta’. A special fabric for the defence ministry will also be produced.
Textile-Kontakt was founded in 1995 by Oleksandr Sokolovsky and represents a holding company that combines various areas of assets: wholesale and retail trade, the import of fabrics, accessories and home textiles, as well as tailoring of special clothing, including military uniforms. (DS)
The unit will create up to 80 jobs and when it reaches full production capacity by 2019 end, 100 more jobs will be created, according to a news agency report.
The products will be will be 100 per cent cotton fabrics: twill, bleached calico and printed cotton and blended raincoat fabric ‘Greta’. A special fabric for the defence ministry will also be produced.
Textile-Kontakt was founded in 1995 by Oleksandr Sokolovsky and represents a holding company that combines various areas of assets: wholesale and retail trade, the import of fabrics, accessories and home textiles, as well as tailoring of special clothing, including military uniforms. (DS)
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