Bulgaria Is Well Received By European Union For Its Fine Quality Garments.
Bulgaria joined the European Union (EuropeUnion) in 2007, and was granted the EU's EU assistance to develop the textile industry. In addition, the other EU Member States also went to invest in Bulgaria, although the government did not actively develop in the Communist era. EU
textile industry
However, in recent years, Bulgaria textile industry has a small scale of development, and has won the favor of other EU Member States for its excellent quality.
According to EMI magazine, Bulgarian textile and apparel products are ranked 62 in the world, with a turnover of about US $6 billion 200 million.
Today, the Bulgarian textile and garment industry, after joining the European Union, faces the challenge of introducing new technologies (including design technology), industrial management and machine modernization after the impact of the global financial turmoil in 2008 and 2009, so that the quality of products will become more global and more valuable.
In fact, Bulgarian textile clothing industry is still cut.
Sewn garments
As a result, due to the lack of innovative design, marketing and sales personnel, and the unsound marketing network, Bulgaria made garments still can not enter the category of high-end products. In view of the above, some Bulgarian textile and garment industries in small bullets have to cut off their jobs and dismiss their employees due to reduced orders, so in 2009 Bulgarian textile clothing industry's added value ratio decreased by 5.7%, while in 2010 it improved slightly, but the proportion was still 0.4% lower than that in 2009.
Bulgaria
Textile garments
Although the price of imports and exports has advantages in EU Member States, it still can not compete with other countries, such as Asian countries in mainland China. In 2009 Bulgaria textile and garment industry exports amounted to 2 billion 200 million 4 thousand US dollars, 8.4% less than the previous year, while slightly improved in 2010, but still negative growth, reaching 2 billion 100 million 9 thousand US dollars, a decrease of 2.4% over 2009.
Due to the impact of the global financial turmoil, Bulgarian textile clothing imports decreased by 7.2% in 2009 and imports in 2010 decreased by 2.8% to $1 billion 700 million 7 thousand.
This is also why the Bulgarian textile and garment industry is urgently needed to modernize the company and management.
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