MOSCOW TIME: 16.07.2019 03:18:14

Investments

Zara made clothing export contracts with Russian companies Deputy Minister

Zara made clothing export contracts with Russian companies  Deputy Minister

Clothing retailer Zara affiliated with Spains Inditex, for the first time made contracts for supplies of clothing and footwear made in Russia to Spain, Russias Deputy Minister of Industry and Trade Viktor Evtukhov told.

"A number of brands of the Inditex group of companies is currently working with 11 factories, with which contracts for goods export to Spain were signed. Orders were placed for contracted manufacturing of goods in Russia, with staff trained under the cooperation format for Inditex," the official said.

Inditex S.A. [the parent company of Zara], Massimo Dutti, Oysho and Tempe [footwear producer] are among companies that awarded contracts to Russian factories, Evtukhov noted.

The Russian Ministry in cooperation with the Zara’s representative office in Russia developed a roadmap for implementation of the project on production orders placement at Russian light industry enterprises by the Spanish company in March 2017, the official said. "Representatives of Zara examined all the offers of Russian light industry companies within the framework of roadmap implementation and held meetings with knitwear, garment, leather and footwear makers and companies specializing in production of bags and other accessories," Evtukhov noted.

Source:www.tass.com

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Clothing and footwear made in Russia Spain Investments

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