FOREIGN CURRENCY SPINDLE
The Kobrin-based spinning and weaving mill Ruchaika has signed a € 1 million contract to ship vehicle curtains to Poland.
Moreover, in January 2012 the company delivered the first pilot batch of products to Italy with a view to signing a long-term contract.
In 2011 Ruchaika’s export went up 19% to $7.5 million. Russia is the largest foreign market which accounted for 78% of export in 2011. Kobrin-made goods are also shipped to Ukraine, Lithuania, and Latvia. It is worth saying that the export to Baltic countries increased nine times.