Apparel, 50% of total trade volume with UK
The clothing sector accounts for about half of the total volume of trade between Romania and the UK, which can be seen in the orders the British apparel vendors such as Marks & Spencer, Arcadia, BHS, Next or Etam constantly place in Romania. "The UK is the fifth largest foreign investor in Romania, with its direct investments reaching more than $650 million
The clothing sector accounts for about half of the total volume of trade between Romania and the UK, which can be seen in the orders the British apparel vendors such as Marks & Spencer, Arcadia, BHS, Next or Etam constantly place in Romania. “The UK is the fifth largest foreign investor in Romania, with its direct investments reaching more than $650 million. If looking at the volume of trade, Romania is the largest market in the Central and Eastern Europe, second only to Turkey,” Quinton Quayle, the British Ambassador to Bucharest on Wednesday said. Quinton Quayle visited two of the British investors in Romania, Roh Textiles Manufactures, a SME dealing in the textile industry and winemaker Halewood. British exports to Romania in 2002 amounted to some AÃ?430.6 million, up more than 25% compared with the previous year, while imports were worth AÃ?531.7 million, up 16%. ZF
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