Adesgo factory to be replaced by apartment buildings
The largest hosiery maker in Romania, Adesgo, is said to have sold its business to a real estate developer. Sources from the market said the textile company would move whatever it has left of its production to Ukraine. Romanian textile factories are closing in order…
Adesgo sold to real estate developer
Romanian textile factories are closing in order to make room for real estate developments. Last year, the only terry towel maker Frottierex was acquired by the Turkish group Caba, not for its production capacity but for its land. An 600-apartment project will be built on…
