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Economy/Business
22 May 2012, 16:27

Bashkir textile and sewing industrial enterprises shipped their output off for the sum of more than one billion rubles

In the first quarter of 2012 Bashkir textile and sewing factories have shipped their output off for the sum of one billion 90 million rubles with the 27,9%-growth, as compared with the same period of time in 2011. The index of industrial production made up 116,8%.
Bashkir textile and sewing enterprises ship their goods off to all regions of Russia, CIS and foreign countries. At that textile industry plays the leading role here. Its share makes up about 90% of the whole output.
The Ministry for industry and innovational policy RB reports that rise of prices for raw materials, dependency of local enterprises on monopolized purveyors of resources, shortage of own circulating assets, problems with crediting, not enough active renovation of equipment and strengthening competition with foreign production remain the key problems of the branch.
Author:Galina Bakshieva
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