Serbia Government Supports Textile And Leather Exporters

Cilic, Minister of the Ministry of economic and regional development of Serbia, said the Serbia government will find ways to help export oriented companies in the textile and leather industries.

At the meeting of the Council of the textile and leather processing industry council, Cilic said that one of the steps of the government was to approve the purchase of uniforms from the domestic manufacturers by the army, police and public companies, without intermediaries.

The problem of textile and leather companies is the lack of liquidity, and it is very difficult to get funding to modernize or expand their production, Cilic said.

In addition to textile production, garments, leather goods and other leather items Output creation 7-11%'s rise, Cilic said. On the other hand, the export of textiles has increased by 40%, and the export of leather and leather items has increased by 39%.

However, despite the increase in output and exports, the textile and leather sector companies are still weak, and wages are still the lowest in Serbia's economy, "said Mr Hester.

The average wage of clothing production is 20000 Dal, in textile, leather and leather items. Average wage is 22000.

The textile and leather industry accounts for 2.5% of Serbia's total industrial output and employs 2.2% of the total number of workers, he said. In the textile and leather industry, 98% of the companies are small and medium-sized units, and their production share reaches 78%. This sector is one of the most important sectors to solve the current problems, such as unreasonable competition from the Far East. Privatization Process, lack of liquid capital and backward technology of old equipment.

70% of Serbia's textile products and footwear exported to Europe.