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Varteks d.d. and Čateks d.d. sign Strategie Alliance Agreement for joint appearance on the domestic and foreign market

The president of the Management Board of Varteks, d.d., Zoran Košćec, and the president of the Management Board of Čateks, Damir Vitez, signed a Strategic Alliance Agreement between Varteks and Čateks in Varaždin today with the aim to link primary production and to establish partnership relations between the two companies for a joint appearance on the domestic and foreign market.

The strategic alliance between Varteks and Čateks represents a proactive measure aiming to protect indispensable jobs and to strengthen cooperation between the two largest textile companies in Croatia by using their own resources as fundamental cornerstones to create prerequisites for a competitive market appearance and public procurement procedures.

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EU launches Public consultation on a possible successor to the Competitiveness and Innovation Framework Programme (CIP)

On 9th February 2011, the European Commission presented a Green Paper which proposes major changes to EU research and innovation funding to make participation easier, increase scientific and economic impact and provide better value for money. The changes, to be introduced in the next EU budget after 2013, would bring together the current Framework Programme for research, the Competitiveness and Innovation Programme, and the European Institute of Innovation and Technology.

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TEXTILE SCIENCE & ECONOMY - TZG 2011


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