Aryxe Group with a publication in the Bulgarian Wirtschaftsblatt

In the November issue of the Bulgarian Wirtschaftsblatt, Aryxe Group has published an article on the Bulgarian textile industry and the opportunities and challenges for its future development.

The textile industry has gone through a remarkable growth for the past couple of years. The strategic location between the East and the West paired with the direct access to Central Europe and the focus on ecology and sustainability make Bulgaria increasingly attractive, especially for the European market. When it comes to minimizing the risks, Bulgaria offers many tangible benefits for the textile industry, such as political stability, low flat tax for businesses and private individuals, comparatively low energy costs and a partially well-educated population.

You can find detailed information in the paper “Textile Industry in Bulgaria”, developed by our Research team at the regional office of Aryxe Group in Sofia. The report illustrates the current situation of the textile industry in Bulgaria in 35 pages, analyzing the strengths and challenges and highlighting the development opportunities for European manufacturers or textile and fashion retail chains.

If you are interested in reading the entire report, contact us here!