INVESTMENT ODDS OF SMALL AND MICRO TEXTILLE COMPANIES IN MACEDONIA

Djurovski, Anastas INVESTMENT ODDS OF SMALL AND MICRO TEXTILLE COMPANIES IN MACEDONIA. Journal of European and Balkan Perspectives, III (2). pp. 28-39. ISSN ISSN: 2545-4854 EUROPEAN & BALKAN PERSPECTIVES

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Abstract

Investments in textile production in Macedonia are one of key elements for survival of such labor-intensive business. Sources of funding should be provided for business model shift of the Macedonian textile businesses. It can be done with institutional support after economic policy will recognize this sector as one of the high priority sectors for governmental support. There is a need for evidence through case studies whether investments in technology in textile business are providing increased profitability or not – which is making the rationale for governmental support. We are analyzing the impact of technology advance within the embroidery sector doing financial analysis of a textile SME to obtain evidence whether technology change can increase profit and therefore increase chances for survival of textile companies and especially textile SME’s in Macedonia.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Scientific Fields (Frascati) > Social Sciences > Other social sciences
Divisions: Faculty of Law
Depositing User: Prof. d-r. Anastas Dzurovski
Date Deposited: 26 Apr 2021 10:09
Last Modified: 26 Apr 2021 10:09
URI: http://eprints.uklo.edu.mk/id/eprint/6350

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