“The high labor costs imposed via the minimum wage and the lack of state support have eroded the competitiveness of the field, generating its imminent collapse,” reads the document published by Braiconf.
The company has launched this call after it reported RON23 million turnover in 2023, down over 10% from 2022 and almost half the 2018 level.
In this context, the company’s officials have drawn up a plan meant to revitalize the field, which includes short-term moves such as labor tax cuts in the textile industry and the introduction of a state aid scheme.
(English version by Catalina Apostoiu)