Textile and Apparel Industry in Armenia: The Former Potential and the Perspectives for Future Development of the Industry
General problems of the fibre and textile industries
Authors:
- Greta Marianna
Department of European Integration and International Marketing, Faculty of Organization and Managementme, Lodz University of Technology, Łódź, Poland - Lewandowski Krzysztof
Institute of Economics, University of Łódź, Łódź, Poland - Mamikonyan Garnik
Department of Agribusiness and Marketing, Armenian National Agrarian University, Yerevan, Armenia
Nr DOI: 10.5604/12303666.1232873
 Full text | references | Abstract: The Armenian textile and apparel industry has showed very sharp ups and downs throughout its history. During the Soviet era, it was a leading branch of Armenian industry and a major supplier for the whole Soviet Union. Since the early 90s, the situation has dramatically changed. Analysis showed that during the transition from centrally planned to a market- -based economy, Armenia’s textile and apparel industry was nearly destroyed. Nowadays the industry, especially the apparel industry, is regarded as one of most promising sectors of the Armenian economy. This potential has also been discovered by Western and Russian institutions and enterprises, which have begun to invest heavily in this sector |
Tags:
Armenian industry, textile industry, apparel industry.
Citation:
Greta M, Lewandowski K, Mamikonyan G. Textile and Apparel Industry in Armenia: The Former Potential and the Perspectives for Future Development of the Industry. FIBRES & TEXTILES in Eastern Europe 2017; 25, 2(122): 10-15. DOI: 10.5604/12303666.1232873