Thursday, October 23, 2014

German textile machinery manufacturers visit Ethiopia

German textile machinery manufacturers visit Ethiopia

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Addis Ababa, 21 October 2014 (WIC) ¬- The German textile machinery and accessories manufacturers visited Ethiopian textile manufacturers from October 13 to October 17.
The seventy companies from Germany came to an event organized by SBS Systems for Business Solutions and Agathon Consulting.
The event was initiated by the VDMA German Engineering Federation, which is a Textile Machinery Association.
Among the companies that visited Ethiopia were, Groz-Becket KG, Fong's Europr GMBH, Interspare GMBH, Jakob Muller AG and zHeusch GMBH & co KG.
Ethiopia's export revenue for the year 2014 reached 120 million dollars and the plan for the year 2016 is to reach 500 million dollars.
The participants were machinery and accessory producers for spinning, knitting, weaving, hosiery, braiding, dyeing and sewing.(Addis Fortune) 

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