Textile Industry Crisis { 30 images } Created 4 May 2012

Prato is a city near Florence with a population of about 180,000 inhabitants. One of the most important industrial districts in textile sector is undergoing a period of crisis began several years ago with the increasing competition from foreign producers. Most of the factories in Prato and in its province are family-run, a large part of the smaller ones have already closed their buisness and the ones that survived bear a constant reduction of orders. Actual financial crisis threats seriously the textile industry, the activity that holds the economy of Prato and its countryside.
View: 25 | All