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Textile industry manages to adjust

Jul 15, 1999
By Ieva Jakobsone

RIGA - Despite the existing problems in Latvia's economy, textile-industry firms have managed to survive and adjust to the situation of a market economy. Guntis Strazds, president of Latvia's Association of Textile Industry Enterprises, says the last 10 years have been difficult for the textile industry and clothing producers. Many previously strong enterprises, like the textile factories Rigas Audums and Rigas Tekstils, or sock and tight producer Aurora, have closed down.Still, the niche once o ...

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