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invested+abroad
2016-08-27 16:00:00
Eleven Pakistan textile companies invested in foreign firms in last 5 yrs
With the Pakistani government allowing residents and firms to invest in foreign companies with prior approval of the State Bank of Pakistan (SBP) vide SBP circular FE-12 dated September 1, 2001,
2022-05-12 12:25:01
Heraeus invests for a majority share in PET recycling firm
Heraeus Holding GmbH, a Fortune 500 corporation, stated that it has invested significant stock in perPETual Technologies, a PET recycling firm situated in Kleinostheim, Germany. Heraeus chose to
2018-04-25 12:23:00
Kusters Calico inaugurates new upgraded manufacturing facility
Kusters Calico Machinery Pvt Ltd (KCM), a producer and exporter of open width wet textile processing machines for both woven and knitted fabrics, inaugurated its upgraded manufacturing facility on
2017-06-22 17:00:00
Raymond opens Greenfield garment plant in Ethiopia
Silver Spark Apparel Ethiopia PLC, a wholly owned subsidiary of Raymond brand - the leading manufacturer, marketer and retailer of worsted suiting fabrics & ready to wear apparel inaugurated its
2016-12-20 12:00:00
AFK Sistema to expand its operations in technical textiles market
AFK Sistema, Russian financial conglomerate owned by a local billionaire Vladimir Yevtushenkov, seeing big potential in the domestic technical textiles market is considering expanding its operations
2016-05-20 15:00:00
Italian textile machinery order index during 1Q of 2016 on the rise
The orders index for Italian textile machinery manufacturers grew during the first quarter of 2016, especially due to the push from Italy’s domestic market. Raffaella Carabelli, President of
2015-11-09 10:00:00
Investment by Burberry to give Leeds textile a new lease of life
Burberry Group plc is a British luxury fashion house, distributing outerwear, fashion accessories along with other manufacturers by tapping into rolling demand for quality British products in Asia
2015-10-19 14:00:00
HempFlax invests EUR 5mn to support hemp cultivation and processing in Romania
HempFlax, a Dutch company leader on the hemp processing segment, has invested EUR 5 million in hemp growing and processing in Romania, where its first factory opened in Alba County, in central
2015-09-30 13:00:00
Aurora Specialty Textiles group stay in the U.S.A. turns out to be a smart decision
Many U.S. textile firms have relocated manufacturing operations offshore to adapt and compete leaving sections of North America’s workforce unemployed and local economies that once relied on
2015-06-26 10:00:00
Far Eastern plan to expand its production base in Vietnam investing NT$10 bn
Far Eastern New Century Corp., a Taiwanese conglomerate involved in production and finishing of synthetic fibres and other textiles. It has factories in China, Taiwan and Southeast Asia. The company
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