Promoting TEXTILE M LTD to Sustainable Development and Competitiveness by Creating a Value-Added Product

TEXTILIA M is a newly established company since 2018 with main activity production of knitted fabrics with basic code of economic activity NACE.BG 2008: 13.91. The company's ambition is to develop and successfully compete with other companies in the market by developing new advanced products that, on the one hand, have significant potential for sustainable development in view of their uniqueness and on the other hand are entirely market-oriented. In this connection, the company decided to launch a production of knit fabrics. At present, this type of production is well represented on the Bulgarian and European markets and the interest of the customers towards the product is significant, which is a prerequisite for successful market realization after the completion of the current project and the subsequent expansion of the capacity of the newly established company. Thus formulated, the company's goal requires the formation of a team of highly skilled and experienced staff in the field of pre-fabrication to ensure the successful start of fabrication of knitted fabrics. The team members who will participate are well-qualified specialists with extensive technical and applied experience that ensures the successful implementation of the planned project activities and the achievement of a final result - starting a production of a product with high added value and market potential aimed at reducing the impact on the environment, enhancing resource efficiency, creating opportunities for social integration and sustainable social impact for society. The successful implementation of the entrepreneurial idea of the project envisages the purchase of specialized high-tech equipment. The overall design of the product can be systematized as a concept that brings together all modern features in the field of mechatronics and clean technologies from the Innovation Strategy for Intelligent Specialization and in particular sub-direction - robotics and process automation.

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