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Almeda Textile plans to boost revenue by 50pc to $30mn a year by 2018

Related Keywords: Almeda Textile, biggest textile manufacturing, creating a Hub for excellence in the textile field, Hennes and Mauitz AB, increase revenue, plans to upgrade factory equipment, sells clothes to Swedish fashion chain, training staff

Almeda Textile is the biggest textile manufacturing company in Ethiopia plans to upgrade factory equipment and training staff to increase revenue by 50 percent to $30 million a year by 2018. It sells clothes to Swedish fashion chain Hennes & Mauritz AB.

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