Search Results for: Turkey

TURKISH and Pakistani textile executives are divided in their opinion about the likely benefits of the Free Trade Agreement (FTA) under discussion between Pakistan and Turkey, with Pakistan opinion in favour, but less enthusiasm in Turkey.

Seven rounds of talks between the two sides have taken place and further talks maybe staged in August.…

Amid concerns about a growing shortage of workers in Russia’s textile industry, leading companies are looking to recruit staff from India, China and other emerging market nations.

According to latest data from the Russian ministry of industry and trade, the current vacancy rate across the country’s textile industry is 36%.…

RUSSIAN clothing and textile consumers are increasingly choosing to buy products with natural materials and brighter colours, grassroots retail managers in Moscow have told WTiN.com.

Speaking from the major wholesale and retail complex ‘Textile Profy Moscow’, which commands 120,000 square metres in selling areas, its managers said Russian consumers are increasingly eschewing subtle and muted colours.…

ROYAL Jordanian Airlines and Kuwait Airlines have been given permission to allow air passengers on USA-bound flights to resume carrying personal electronic items, including laptops, onto their planes, after they ramped up security measures. The bans, lifted July 9, had been imposed in March over American concerns that Islamic State members and other extremists could hide bombs inside laptops. …

THE FIRST phase of building the Istanbul Grand Airport (IGA), in Turkey, set to be the world’s largest such facility, is more than half complete, although a projected opening of early 2018 is not expected to be met.

There are some 20,000 people working on the project, forecast to rise to 30,000 as work progresses and developments around the airport get underway, such as an associated Airport City, including shopping malls, hotels and entertainment facilities, according to Istanbul Grand Airport (IGA), the airport’s operator.…

HUNGARY has signed an agreement with Russia’s Gazprom involving the central European country linking its gas distribution networks to the planned TurkStream pipeline, routing Russian gas via Turkey into Europe. Hungarian foreign minister Peter Szijjarto struck the deal with Gazprom CEO Alexey Miller, which involved Hungary building infrastructure to link with TurkStream, which will also cross Bulgaria and Serbia.…

TURKEY’S textile sector is holding its own, despite the political turmoil suffered by its home country political instability and war in neighbouring countries, with the industry predicting it will maintain exports this year, and welcoming government support for the sector.

According to data shared by the Istanbul Textile and Raw Materials Exporters Association (İTHİB – İstanbul Tekstil ve Hammaddeleri İhracatçıları Birliği), of the USD142.6 billion dollars’ worth of goods and services exported by Turkey in 2016, around USD9.843 billion were made by the country’s textile sector (counting yarn, fabric, fibre and other textile raw materials).…

THE RUSSIAN government has announced that is planning to invest an additional Russian Rubles RUB145 billion (USD2,5 billion) into rejuvenating the country’s textile manufacturing sector. In the latest initiative designed to kickstart this ailing industry, the ministry of industry and trade has release a new approved strategy (on May 25) – it is designed to run until 2020.…

Greek savoury snacks specialist company Chipita has refused to confirm or deny reports that it plans to build a new plant for its products in Slovakia. The company told just-food.com that “it is interested in many markets (including Slovakia) and is constantly looking for opportunities.…

Vnesheconombank (VEB), one of Russia’s largest state-owned banks, may gain control over much of the Eurodon Group, the major Russia-based turkey producer, from its current owner, high profile business leader Vadim Vaneev, according to regulatory sources. The move, should it happen, would be because of money owed by Eurodon to VEB.…