RUSSIA TECHNICAL TEXTILES INDUSTRY SETS FOR FURTHER GROWTH
July 1st, 2013
THE RUSSIAN market for technical textiles is developing steadily, with the government seeing this as a growth area serving increasing local demand while it looks for a way to kick start a traditional textile industry that has been stagnating in recent years. Indeed, the overall industry is shrinking in size: in the first half of 2013, the total volume of production of fabrics in Russia declined by 3%, while the industry’s profitability decreased by 2%, compared to the same period of last year and is currently estimated at no more than 0.5%, according to the ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.