In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie (MCT) and its Turkish representative Mayer Mümessillik achieved positive results. The reasons for this year’s success are transfer of production close to Europe, Turkey’s state-of-the art machinery and the increase in demand for comfortable clothing that is suitable as home office wear.
In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie (MCT) and its Turkish representative Mayer Mümessillik achieved positive results. The reasons for this year's success are transfer of production close to Europe, Turkey's state-of-the art machinery and the increase in demand for comfortable clothing that is suitable as home office wear.#
“Compared to 2019, we anticipate a growth in the Turkish market even though the corona situation was a serious setback in the second quarter of 2020,” Stefan Bühler, Mayer & Cie’s regional sales manager for Turkey, said in a press release. Mayer & Cie got off to a strong start on the Bosporus in the first quarter of 2020 with additional positive effects until mid-March. This was due to a desire for production locations close to Europe. In the second quarter, during the lockdown, demand largely ground to a halt. Government measures helped to cushion the downturn.
In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie (MCT) and its Turkish representative Mayer Mümessillik achieved positive results. The reasons for this year's success are transfer of production close to Europe, Turkey's state-of-the art machinery and the increase in demand for comfortable clothing that is suitable as home office wear.#
“In the second quarter, GDP was down by about 10 per cent, so we got off lightly,” Ahmet M Ögretmen, general manager of MCT’s Turkish sales partner Mayer Mümessillik, said.
In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie (MCT) and its Turkish representative Mayer Mümessillik achieved positive results. The reasons for this year's success are transfer of production close to Europe, Turkey's state-of-the art machinery and the increase in demand for comfortable clothing that is suitable as home office wear.#
Since July 2020, orders for Mayer & Cie circular knitting machines have bounced back again. Ögretmen sees an interplay of reasons for this recovery. The main reason, Ögretmen says, is the low exchange rate of the Turkish lira, which has boosted exports of ready-made textiles. The Turkish daily Hürriyet reports, with reference to the Turkish state news agency, 11 per cent year-on-year growth in August 2020. The most important export markets, the newspaper says, are Germany, UK and Spain. Between them, they account for around half of exports totalling € 1.27 billion. “This demand must be fulfilled,” Ögretmen said. “That leads to investment in machinery by manufacturers.”
In pandemic year 2020 circular knitting machine manufacturer Mayer & Cie (MCT) and its Turkish representative Mayer Mümessillik achieved positive results. The reasons for this year's success are transfer of production close to Europe, Turkey's state-of-the art machinery and the increase in demand for comfortable clothing that is suitable as home office wear.#
Another advantage for MCT is the modernity of the Turkish machine park, which is doubly attractive in view of Turkey’s weak currency. “In the past 10 to 20 years there has been very heavy investment in high-quality machines. As a consequence we have the world’s youngest and most up-to-date production facilities,” Ögretmen said in the release.
Fibre2Fashion News Desk (JL)
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