Bulgaria's textile industry is expecting further growth in 2014, reports Standart daily, quoting Radina Bankova, head of the Bulgarian Association of Producers and Exporters of Garments and Textile.
Last year the sector posted an export growth of around 7-8%, reaching EUR 1.8 B – the highest since 2007. The turnover of the textile companies grew by 10%.
According to a survey of the Association, the growth in H1 2014 continues with a similar pace.
“We have no final statistics yet, but...
Representatives of the Bulgarian textile industry have stated they have been overwhelmed with orders and they had to turn down some of them due to lack of capacity.
The Bulgarian Association of Apparel and Textile Producers and Exporters has forecast a strong season and is expecting revenues, comparable to those of 2008, the Bulgarian National Radio has reported.
The VP of the Association, Bertram Rollmann, has stated that the orders in the sector increased by 18-22% for the past two...