Serbia’s trade minister Rasim Ljajic during the meeting organized by the Foreign Economic Relations Board of Turkey (DEIK) on Wednesday said that Turkish companies have expressed interest in investing in Serbian textile sector encouraged by the good business climate in the country.
Serbia offers the best business environment in the region, with a highly qualified workforce and the best conditions for foreign investors, Ljajic said at the meeting.
Representatives of two Turkish textile companies have expressed their plan to start investing in Serbia later this month, Ljajic said on the sidelines of a meeting with companies active in the clothing sector in Istanbul, the Serbian government said in a statement.
According to data from Serbia’s statistical office, Sebia’s exports to Turkey increased by 10.8 percent to 30 billion dinars ($255.5 million/242.7 million euro) in 2016, while imports from Turkey increased 18.1% to 74.3 billion dinars.
A total of 136 companies with Turkish owners were registered in Serbia last year, which shows that the trade relations between the two countries are very good.
Researchers have created an innovative nanofibre patch that aims to simplify and improve the treatment of psoriasis, a common skin…
Clothing 2.0 has teamed up with The Marena Group LLC, a leader in medical-grade compression garments to transform the recovery…
Polartec has enhanced its Power Shield range, as it continues to replace petroleum-based materials with renewable alternatives while improving fabric…
Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.
Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…
Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…