|
|
Article: Eying capitalism, apparel firms in Hungary bid for U.S. dollars.(host Apparel and Textile Investment Seminar in New York, NY)
- Article from:
- WWD
- Article date:
- January 23, 1996
- Author:
CopyrightCOPYRIGHT 1996 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK -- Hungarian apparel manufacturers have a craving for U.S. investment in their industry.
Trade officials from the Eastern European nation pitched the advantages of manufacturing in their country at their first Apparel and Textile Investment Seminar here earlier this month at the New York Hilton hotel.
Csaba Kilian, investment director of Hungary's Investment and Trade Development Agency, told a group of about 15 U.S. importers and manufacturers that the nation is struggling to transform itself from an economy entrenched in the closed market of the former Eastern Bloc into a modern, capitalist society.
Kilian said apparel and textiles is the ...