Hungary’s Naturtex signs contract with Chinese partner
Hungarian pillow and duvet manufacturer Naturtex and its Chinese partner Luolai Home Textile Co. yesterday signed a contract under which Naturtex will supply the Chinese firm with products for five years.
In the first order Naturtex expects to deliver approximately 30,000 products.
Naturtex has a headcount of 150 at three bases in Hungary, with a capacity to turn out approximately 1.5 million products a year and process 1,200-1,300 tons of feathers annually.
Last year, the company had revenue of HUF 7.1 bln, with exports accounting for about 80% of revenue.
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