Calzedonia, an Italian garment manufacturer plans to make investments in Ethiopia as it sees ample investment opportunities and huge potential for textile industry and other.
Calzedonia’s president Sandro Veronesi during his visit to Ethiopia held a meeting with the delegates of the manufacturer State Minister for Foreign Affairs, Dawano Kedir which was fruitful as they have been able to identify the advantages and conditions prevailing in the country.
After holding talks with the State Minister Calzedonia’s president Sandro Veronesi, on his part said that this is his second time visit to Ethiopia.
They want to establish a factory for the production of night wear capable of employing some two to three thousand people.
The company is upbeat to start with the investment by next year. As of now they are assessing the appropriate location and suitable conditions for the establishment of the factory.
The company is also expected to open its first branch by next year in Tigray State, Mekele City.
Calzedonia network is spread throughout the world: Italy, Austria, Cyprus, Croatia, Czech Republic, Greece, Hungary, Mexico, Poland, Portugal, Russian Federation, Serbia, Slovenia, Spain, Sweden, Turkey, France, Macedonia, Montenegro, UK, Slovak Republic, Romania, Germany and Belgium.
The success of Calzedonia is the result of huge range of products, the particular attention paid to fashion, the unbeatable quality-price ratio.
Indorama Ventures has teamed up with Suntory, Iwatani, and others to introduce the first commercial-scale bio-PET bottle, made from certified…
Milliken & Company has introduced Milliken Assure, first flame-resistant moisture barrier for firefighter turnout gear that is free from PFAS…
Paradise Textiles has collaborated with Kintra Fibers, a leader in bio-based fibers, to produce the first garment made from Kintra’s…
Swisstulle adopted JigMaster for its dyeing and finishing operations, especially for high-quality technical textiles used in fashion and automotive industries.
Birla Cellulose, a leader under the Aditya Birla Group, has announced a long-term partnership with Circ, a U.S.-based textile recycling…
CARBIOS has collaborated with leading brands Patagonia, PUMA, Salomon etc. to create a groundbreaking polyester garment made entirely from textile…