Category Archives: BUSINESS IN GREECE

Talk about Greece garment, textile, business and trading

GARMENT INDUSTRY OF GREECE IN YAWNING CATASTROPHE

Shrinking at a dramatic pace in the current year, the garment industry, most companies which in 2010 was detrimental, resulting in the industry as a whole shows a loss, according to the balance sheets of companies which notified their financial results last year as the June 25 2011.Ta total net income 99 businesses with sales of over three million euros and total sales of 818 million deteriorated in 2010 25.2 million, as sales fell by 59.9 million (-7 %)… apparent … Continue reading

BOOM, DECLINE & LOOM OF OPULENCE FOR THE TEXTILE & APPAREL INDUSTRY OF GREECE

The clothing is an important branch of Greek manufacturing, with a significant contribution to production, employment and exports in particular, as this is an industry characterized by openness. According to data from the Chamber of Commerce (Annual Industrial Survey) of the NSS in the industry involved 437 companies, employing 14,257 workers, with the participation of the annual average employment in all the Greek industry to be 8.1%. During 1995-2002, the industrial production sector decay rate of 3.2% annually. Estimated, however, … Continue reading