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Related Keywords: Aster Textile, fast growing knitted jersey, funded by State Aid, investment to the tune of euro seven point two million, menswear and childrenswear producers, plans to open a new manufacturing facility, southern Serbian city of Nis in the Balkans region, Turkish largest exporters of knitted garments, woven womenswear

Aster Textile, one of Turkey's largest exporters of knitted garments and fast growing knitted jersey and woven womenswear, menswear and childrenswear producers in Turkey, plans to open a new manufacturing facility in the southern Serbian city of Nis in the Balkans region with an investment to the tune of €7.2 million.

Of the total €7.2 million investment, €2 million will be funded by State Aid.

Within three years, Aster would be producing garments worth around €60 million of womens' and menswear per year for some of the world's leading brands.

Related Keywords: Aster Textile, largest and fast growing knitted and woven womenswear, local Office for Economic Development, menswear and kidswear producer, plans to open a plant in the Serbian, produce garments, production facility will be housed in a former industrial building, ranked one of the top ten exporters in Turkey, southern city of Nis

Aster Textile, one of the largest and fast growing knitted (jersey) and woven womenswear, menswear and kidswear producer and ranked one of the top ten exporters in Turkey plans to open a plant in the Serbian southern city of Nis, the local Office for Economic Development in September.

The investment in the production facility will total 7.2 million euro ($7.9 million), of which 2 million euro are state aid, Prime Minister-designate Aleksandar Vucic said during his visit to Nis in April.