More than 150,000 European textile jobs have been put at risk
More than 150,000 jobs have been put at risk in the European clothing and textile industry as a result of the coronavirus pandemic, according to a recent study by credit insurer Euler Hermes.
“We assume that, despite numerous measures to support the economy, some 13,000 companies will be closed in Europe by the end of 2021, which means that some 158,000 jobs in the European textile industry are likely to be at risk,” pointed out Ron van het Hof, leader of the German subsidiary of Euler Hermes. (MTI)
Related news
Sándor Baja: “It is much less important for Hungarian workers what their job actually involves than for their European counterparts”
Trade magazin’s Business Podcast continues Sándor Baja, managing director of…
Read more >
Lidl among retailers and Coca-Cola in the FMCG sector win Most Attractive Employer 2024
For the 8th time PwC Hungary has surveyed labour market preferences and…
Read more >
Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >
More related news >
Related news
Anora Group’s expansion in the Baltic region
In order to strengthen its position in the Baltics, premium…
Read more >
Prices rose by 3.7% in November
Following a 3.2% year-on-year increase in October, consumer prices in…
Read more >
KSH: in November consumer prices exceeded the same monthly values of the previous year by 3.7 percent
In November, consumer prices exceeded those of a year earlier…
Read more >
