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Vidin based Vida Style JSC reduced its workers

Article published from Pari Daily on 2008-11-05 10:25:00
Category: Business in Vidin

CEO of Vidin based Vida Style JSC, Tosho Yordanov, said that the once 1300 workers at his company have reduced to only 330 dressmakers. Blaming the world economic crisis he said that long time European customers have started buying cheap clothes from Chinese, Indian and Pakistanian manufacturers. As a result, the big retailers, which are served by Vida Style, decrease their orders for high quality clothes. T

he company is currently manufacturing shirts for the French police and army, as well as for the Italian police. There is no danger for job cuts in Targovishte region. On the contrary, Vietnamese workers are brought to the tailoring companies, said the head of Nedy Style SPLTD, Svetlan Stoychev.
Source of the article Pari Daily 0/5 (0)
Location Town Vidin
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