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Economy

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Euratex Presidency Team © Euratex

 
06/10/2021 – Energy supplies crisis

Energy supplies crisis

Call for immediate support

European textiles and clothing industry calls for immediate support to tackle the energy supplies crisis. By  Editorial staff
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The pandemic is not yet fully controlled, global freight remains unreliable and expensive, and cost for energy and global commodities is increasing. © Stockfotos-MG/stock.adobe.com

 
27/09/2021 – Manufacturing costs continue to rise

Manufacturing costs continue to rise

Indorama must pass on costs to customers

The cost inflations have reached a level that Indorama can no longer offset. Therefore, the manufacturer will increase the price effective October 1st ... By  Sibylle Michel
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There have been capacity bottlenecks in sea freight between China and Europe for months. © donvictori0/stock.adobe.com

 
21/09/2021 – Freight costs

Freight costs

Pandemic brings record prices until well after Christmas

Importers of consumer goods from Asia will have to contend with a lack of freight capacities and exploding transport costs for goods from the Far East. By  Sibylle Michel
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RadiciGroup closes the year 2019 with positive results: Sales EUR 1,092 million and EBITDA EUR 165 million. © RadiciGroup

 
21/08/2020 – Positive results

Positive results

RadiciGroup: 2019 with positive business results

RadiciGroup closes the year 2019 with positive results: Sales EUR 1,092 million and EBITDA EUR 165 million. By  Editorial staff
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The Hermes Group continues to write its success story. © Hermes Gruppe

 
14/05/2020 – Annual Results 2019/20

Annual Results 2019/20

Hermes Group continues on the road to success

In the financial year 2019/20 the Hermes Group increased its consolidated turnover by 9.0 percent to Euro 3.5 bn. By  Editorial staff
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As one of the first companies in the world, on November 27, 2019, the leading producer of wood based cellulose fibers successfully positioned a bonded loan bound to its sustainability performance. Picture: Stefan Doboczky, CEO Lenzing © Lenzing

 
30/12/2019 – Sustainable and innovative financing

Sustainable and innovative financing

Lenzing AG forges new paths

Lenzing successfully places sustainable bonded loan of over EUR 500 mn. By  Editorial staff