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Textiles and Apparel in Bulgaria: Prospects for the Industry Following EU Accession
Textiles Intelligence, May 2007, Pages: 30
SUMMARY POLITICAL AND ECONOMIC PROFILE INDUSTRY OVERVIEW Location of textile and clothing companies Employment Wages Grey market economy, illegal trade and unfair business practices Labour productivity Health, safety and environmental regulation Production trends Industry structure Retail distribution channels Investment Foreign direct investment (FDI) International trade Imports Exports BULGARIAN TEXTILE AND CLOTHING MANUFACTURERS Types of textile and clothing companies Ariston S Production Products and markets Employment The future Brod and Co Products and markets Production The future Mak Company development Products and markets Markam Products and markets Miroglio Bulgaria Company development Production Production capacity Investment Top Man Production and markets Human resources Production facilities Veni-Style Company development Production facilities The future OUTLOOK FOR THE FUTURE OF THE SECTOR AS A MEMBER OF THE EU Factors favouring the development of the textile and clothing sector Geographic position Reduced hold-ups at customs and lower costs of exports Harmonised health, safety and environmental regulations Improved opportunities for training and networking Fixed exchange rate Reduction of grey economy and illicit working practices Improved availability of short-term finance Improved attractiveness to potential foreign investors Barriers to the development of the textile and clothing sector The migration of skilled workers, or a 'brain drain' Clothing prices at a maximum Reliance on textile imports Outlook
List of tables Table 1: Bulgaria: economic indicators, 2002-06 Table 2: Bulgaria: political and economic profile, 2006 Table 3: Bulgaria: imports of textiles and textile articles by leading supplier, 2005 Table 4: Bulgaria: textile and clothing exports to the EU by leading EU member state, 2006 Table 5: Bulgaria: leading ten clothing companies, 2005 Table 6: Bulgaria: leading ten textile companies, 2005
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