Eroglu Holding to invest 100 Million USD in Egypt
Eroglu Holding is to expand its presence in Egypt textile manufacturing with 100 Million Investments in its affiliated DNM company located in Demiatte, Egypt.
Egytex News Desk
Egytex
The Eroglu Holding employs more than 14,000 employees and manufacturing 25 Million Meters of fabrics, 20 Million trousers annually, and selling all over the world in over 700 stores in 40 different countries.
Mr. Nurettin Eroglu, Eroglu Holding Chairman has stated during a meeting with the Governer of Demiatte Governate Dr. Ismael Taha, that a further 1400 job opportunities will be created in DNM textile spinning, weaving and dyeing company which was founded in 2011 and currently has 25 Million Meters manufacturing capacity of Denim fabrics with its state of art machinery and located on 150,000 sqm surface. DNM aims to serve world denim brands with a compact collection consisting of stretch and non-stretch denim fabrics.
From the Egytex news archive, first published on 3 December 2017. Figures and names are as reported at the time.
