TURKEY’S KIVANC TEKSTIL EYES CHINA AND RUSSIA GROWTH
October 2nd, 2013
Turkish textile company Kivanc Tekstil, which recently secured a EUR3.7 million loan from the European Bank for Reconstruction & Development (EBRD) to expand its weaving capacity and boost its energy efficiency, has told WTiN.com that it is targeting Russia and China as key growth markets.Cemal Bekar, the Kivanc Tekstil general manager, revealed that the company, a vertical manufacturer producing fabric and yarn, and specialising in the production of polyester/viscose blended fabrics for men’s and women’s outerwear, aims by 2016 to double the value of the ...
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