Profile of the Textile and Clothing Industry in Lithuania

Released on = June 2, 2007, 1:27 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = The textile and clothing sector is one of the most important
industries in Lithuania. The sector has prospered since the country gained
independence from the former Soviet Union in 1991. As a result, it is now one of
Lithuania's most important industries

Press Release Body = Profile of the Textile and Clothing Industry in Lithuania

The textile and clothing sector is one of the most important industries in
Lithuania. The sector has prospered since the country gained independence from the
former Soviet Union in 1991. As a result, it is now one of Lithuania's most
important industries. In 2005 it accounted for 26% of employment in the
manufacturing sector, generated 8.3% of the country's GDP and contributed 9.2% of
the nation's exports. Moreover, foreign investment in textiles and clothing has been
growing. Lithuania aims to become Europe's top supplier of women's woven
outerwear-including skirts, blouses, coats, jackets and dresses-by 2010. This is
already the country's strongest industry sub-sector, and accounts for 90% of all
production. Major textile and clothing companies in Lithuania include Audejas, which
is the largest producer of upholstery in the Baltic States. Garlita is one of the
biggest fully-fashioned knitwear companies in Lithuania and is also one of the most
technologically advanced. It exports 80% of its output to 16 countries, while the
remaining 20% is produced mainly for the Lithuanian military. Ivega is the largest
embroidery company. Its products range from embroidered and woven badges to appliqu
making. Kauno Baltija is a leading clothing company and employs 800 people. Pakita
produces 80 tons of knitted fabric a month for the domestic market and for the
export market. Sparta is one of the oldest and largest textile companies in
Lithuania. It produces socks and knitwear, under its own domestic label and under
contract for export. Utenos Trikotazas produces 15 mn knitwear garments a year, 90%
of which is exported.

For more information, Please visit : http://www.bharatbook.com/detail.asp?id

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