BULGARIA: Danube Silk Rescued From Investors
Dunavska Koprina/Danube Silk AD, one of Bulgaria's biggest textile manufacturers prior to being bankrupted by foreign investors, has a new board of directors. The company is currently in a parlous state after being acquired by German investor Mueler & Sons following privatisation three years ago. The new board includes representatives of its largest creditor Toplofikacia, the Bulgarian government, and a representative of Mueler, who is still the majority owner.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Trump blows the case for Brexit out of the water
- How to ensure sustainability is more than a slogan
- Steps to piloting living wage in garment factories
- Duty-free trade key to build Africa supply chains
- Bangladesh slips as US imports decline in October
- Taiwan textile maker investing in first US plant
- Outdoor apparel sector set for double-digit growth
- US Q3 in brief – Destination Maternity, Cherokee
- World cotton price prospects lifted again
- Adidas NYC flagship raises the bar on sport stores