CROATIA’S KNITWEAR SECTOR EYES GROWTH WITH EU ACCESSION
July 1st, 2013
CROATIA, which joined the European Union (EU) on July 1, aims to revive its knitting sector following a decline in recent years. While understandably cautious about the next few years, given the current economic troubles in Europe, Croatia plans to capitalise on the potential benefits and opportunities from being an EU member state, focusing on innovation and higher-value products in order to become more competitive.Croatia's overall apparel production fell by 13.3% in 2012, with textile production down 8.6%, according to the Croatian Bureau of Statistics. Still, ...
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