Apparel Sourcing Intelligence - Worldwide

Albania: still there even if the lights aren’t

Albanian factories’ difficulties with erratic power are nothing new. Indeed back in January of this year, it was reportedly a reason many factories in the Korca area were contemplating upping and moving to Macedonia.

But Albanians are pretty good at making this kind of threat. In September last year, they were all going to go bankrupt, they claimed if the minimum wage went up to $185 a month. But they’re all still there. In the first quarter of 2008, their apparel exports grew 23%, in spite of the threatened pull-outs. Fell back in Q2 (4.5% down on 2007) – but threats of the industry’s death are very much exaggerated