Ministry of Industry and Trade: Nike, Adidas and Uniqlo to launch production in Russia - Information portal

Ministry of Industry and Trade: Nike, Adidas and Uniqlo to launch production in Russia

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10.06.2019 Количество просмотров 198 views
швейная фабрика.jpgNike, Adidas and Uniqlo stated their willingness to localize production in Russia, said Victor Evtukhov, Deputy Minister of Industry and Trade, on the sidelines of St. Petersburg International Economic Forum. 

The official believes the textile products offer good value for money in Russia today and global companies benefit from the local manufacture in Russia in terms of logistics. 

The Deputy Minister of Trade and Industry reminded that Inditex has been manufacturing its products in Russia since 2017. 14 local textile factories and knitwear&hosiery production facilities are the place of manufacture for Zara, Zara Home, Massimo Dutti S.A. and Oysho brands. 

In this respect Victor Evtukhov pointed out that such goods labeled «Made in Russia» are marketed exclusively outside Russia, increasing the share of non-resource exports of Russian-origin goods. 

He also added that footwear production is at a high-level of development as well, and global brands should explore the issue of localizing in the country as well.

Source:  Prime


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