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January 22, 2002

TURKEY: Menderes Tekstil Builds New Plant In Bulgaria

In a move aimed at overcoming problems with US textile quotas, Menderes Tekstil is to invest $2.0m in the construction of a textile factory in Bulgaria's southern town of Svilengrad. Menderes Tekstil, which already has plants in Greece, Israel and Ireland, says it will also be able to make use of Bulgaria's cheap labour, energy and components.

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