Uncertainties in the economic field after Russia's invasion of Ukraine had a negative impact on the textile industry in Turkey. Remzi Gönültaş, owner of Gönültaş Tekstil, one of the textile manufacturers in Istanbul's ready-made clothing region, drew attention to the problems experienced in the sector with the words, "We are representatives of the sector that exports 1 billion dollars a year to Russia and 500 million dollars to Ukraine. We want the war to end as soon as possible." .
The war, which has been going on for more than 2 months between Russia and Ukraine, has negatively affected Turkey, as well as many countries, in terms of commercial relations. According to official figures, a total of 460 million dollars of ready-made clothing and 153 million dollars of leather and leather products are exported to the two countries, which are of great importance especially for the textile industry. While ready-made clothing and leather exports to Russia, including passenger cargo, are approaching 1.5 billion dollars, exports to Ukraine are 750 million dollars.
"WE WANT THE WAR TO END ASAP
Remzi Gönültaş, the owner of Gönültaş Textile, touched upon the difficulties they experienced while the textile industry was one of the sectors that had a hard time economically due to the export problems caused by the war between the two countries, and said, “We are the representatives of the sector that exports 1 billion dollars annually to Russia and 500 million dollars to Ukraine. We want the war to end as soon as possible.
THE SECTOR IS IN A DIFFICULT SITUATION DUE TO PROBLEMS IN EXPORT
Remzi Gönültaş, who serves at RG Kidsstore stores in Merter and Zeytinburnu in Istanbul, said, “There is an intense demand in the Turkish textile market due to the high dollar exchange rate and the coronavirus in China. However, we are experiencing problems in production. We are forced to dispose of a large portion of finished and semi-finished products that have not yet been exported below their costs due to order cancellations. We are forced to choose alternative ways to fulfill our commitments in our export orders. This situation creates problems in terms of time and cost. "We are also wondering according to which parity the ruble's depreciation against the dollar will be evaluated," he said.
About Gonultaş Textile
Gönültaş Tekstil İnşaat Turizm San. And Trade. Ltd. Şti. has a large share in the children's clothing industry, 75% of which is abroad and 25% of which is domestic, with the RG Kidsstore brand since 2007. The company has 30 sales points in the country and 70 sales points abroad to meet the clothing needs of more than 6 million children. The company, which is a pioneer in its sector, exports its products to the USA, Poland, Russia, Ukraine, Kazakhstan, Azerbaijan, Israel, Lebanon, Syria, Palestine, Egypt, Iran, Iraq, Germany, France, England and Greece.
The Russia-Ukraine war also hit the textile industry! There are big problems in exports
Uncertainties in the economic field after Russia's invasion of Ukraine had a negative impact on the textile industry in Turkey. Remzi Gönültaş, owner of Gönültaş Tekstil, one of the textile manufacturers in Istanbul's ready-made clothing region, drew attention to the problems experienced in the sector with the words, "We are representatives of the sector that exports 1 billion dollars a year to Russia and 500 million dollars to Ukraine. We want the war to end as soon as possible." .
The war, which has been going on for more than 2 months between Russia and Ukraine, has negatively affected Turkey, as well as many countries, in terms of commercial relations. According to official figures, a total of 460 million dollars of ready-made clothing and 153 million dollars of leather and leather products are exported to the two countries, which are of great importance especially for the textile industry. While ready-made clothing and leather exports to Russia, including passenger cargo, are approaching 1.5 billion dollars, exports to Ukraine are 750 million dollars.
"WE WANT THE WAR TO END ASAP
Remzi Gönültaş, the owner of Gönültaş Textile, touched upon the difficulties they experienced while the textile industry was one of the sectors that had a hard time economically due to the export problems caused by the war between the two countries, and said, “We are the representatives of the sector that exports 1 billion dollars annually to Russia and 500 million dollars to Ukraine. We want the war to end as soon as possible.
THE SECTOR IS IN A DIFFICULT SITUATION DUE TO PROBLEMS IN EXPORT
Remzi Gönültaş, who serves at RG Kidsstore stores in Merter and Zeytinburnu in Istanbul, said, “There is an intense demand in the Turkish textile market due to the high dollar exchange rate and the coronavirus in China. However, we are experiencing problems in production. We are forced to dispose of a large portion of finished and semi-finished products that have not yet been exported below their costs due to order cancellations. We are forced to choose alternative ways to fulfill our commitments in our export orders. This situation creates problems in terms of time and cost. "We are also wondering according to which parity the ruble's depreciation against the dollar will be evaluated," he said.
About Gonultaş Textile
Gönültaş Tekstil İnşaat Turizm San. And Trade. Ltd. Şti. has a large share in the children's clothing industry, 75% of which is abroad and 25% of which is domestic, with the RG Kidsstore brand since 2007. The company has 30 sales points in the country and 70 sales points abroad to meet the clothing needs of more than 6 million children. The company, which is a pioneer in its sector, exports its products to the USA, Poland, Russia, Ukraine, Kazakhstan, Azerbaijan, Israel, Lebanon, Syria, Palestine, Egypt, Iran, Iraq, Germany, France, England and Greece.