Pasmatex to make 6.5m euros

Pasmatex Group, specialising in textile and clothing industry expects turnover to increase by 30% this year and reach 6.5 million euros. “We still haven’t managed to put together the balance sheet for every single company in the group, but we estimate we made an overall turnover of 160bn ROL (more than 5 million euros) last year. As for this year, our goal is to attain at least 30% turnover growth, which could be derived from the development of a new product line released under the Marion brand and also from the production and export increase,” Maria Grapini, Pasmatex general manager told Ziarul Financiar. The Timisoara-based group comprises three companies: Pasmatex Conf International, which makes underwear for the famous Austria-based Triumph company, Pasmatex Nord Baia Mare, which makes tricot items (underwear, T-shirts and pyjamas) and Pasmatex SA, which makes clothing industry-related accessories such as ribbons, textile straps, woven and printed labels etc, as well as women’s wear under the Mary’s Style brand. ZF