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Description
Bali is a family owned company founded in 2001, operating within textile industry, with key activities being
a) lohn services, according to pre-contracted orders, being carried out mostly for European brands (e.g. (Marc Cain GmbH -Germany and Wolford AG – Austria (generating 77% of revenues), and
b) production of clothing with its own clothing brands (Balidoo clothes for children and Kozo men underwear, generating 23% of revenues). Its own premium fashion brands are made from organic and natural materials, without plastic.
Bali is currently operating with full capacity and is not able to take new orders, that is, it is not able to respond to the growing demand for its services. Therefore, this project is about investment into new machines that will enable increase of the capacity and expand to new markets. In particular, after investing into new machines, Bali will extend its lohn services to Norwegian company named Aclima.
As a result of this investment, and increased capacity, Company will increase its revenues and profit. At the same time, the green effect will be achieved by reusing of textile waste in the production, and more efficient technology applied.