Summary
- Profile Type
- Business Offer
- POD Reference
- BOFI20230526016
- Term of Validity
- 30 May 2023 - 29 May 2025
- Company's Country
- Finland
- Type of partnership
- Outsourcing agreement
- Commercial agreement
- Targeted Countries
- Sweden
- Norway
- Denmark
- South Korea
- Japan
- Germany
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General information
- Short Summary
- An experienced Finnish textile company has been manufacturing and designing high-quality textile-apparels for the clients in Finland, Europe and USA for over 20 years. The company owns a state-of-the-art manufacturing factory in Bangladesh, equipped with comprehensive range of advanced machines and team of skilled experienced professionals. The company is now seeking a collaborating partner who has own collection and needs reliable manufacturing and sourcing partner
- Full Description
-
The Finnish textile company was established on 2002, though they have been practicing in the market since 1996. They offer Finnish design and affordable manufacturing cost which makes the final products competitive. The company's expertise is knitted fabric made items but also have long experience making woven items, of which they have 20 years of experience. They also work on more demanding work and safety clothing that require European certifications.
The manufacturing factory is located in the industrial area in Dhaka, Bangladesh. The factory was established in 2014 in JV with a well-known Finnish company to manufacture high quality easy care knitted wear and to meet their specific needs. Unfortunately the JV partner's marketing didn't work out well and it went bankrupt.
The company is now seeking a partner from North European countries, Germany, Japan and Korea to re-start the operation of the Bangladesh factory. The factory was designed for knitted wear but can also produce woven wear, e.g. sports wear, health care wear, military wear etc. It is equipped with suitable machinery and a team of well experienced professionals to ensure the delivery of the highest quality products. The factory is BSCI & ILO certified. - Advantages and Innovations
-
Finnish know how: The company has good understanding of expectations and standards of European clients. The team in Finland actively communicates with the clients, understanding their needs and conveying to the manufacturing team in Bangladesh, minimizing the chance of misunderstandings.
Certified factory in Bangladesh: The factory complies with sustainability standards and has independent quality control team. The working conditions of the workers are responsibly taken care of.
Cost efficiency: The labor cost in Bangladesh is comparatively low.
Local sourcing network in Bangladesh: The company has established local network of supply chain to ensure quality of work and environment on each step of the supply chain. The company also has a vast network of sourcing of materials, including Europe, china, Korea, Taiwan, India, Pakistan. - Stage of Development
- Already on the market
- Sustainable Development Goals
- Goal 9: Industry, Innovation and Infrastructure
Partner Sought
- Expected Role of a Partner
-
The ideal partner:
- A sport wear, work wear or casual wear brand company that has own customer/clients
- Well established in the market
- Has its own collection/products or willing to develop new collection/products in cooperation with the Finnish company
- Willing to utilize the Bangladesh facility for manufacturing
- Ready to form a joint venture - Type and Size of Partner
- SME 11-49
- Big company
- SME 50 - 249
- Type of partnership
- Outsourcing agreement
- Commercial agreement
Dissemination
- Market keywords
- 07004001 - Clothing, shoes and accessories (including jewellery)
- Targeted countries
- Sweden
- Norway
- Denmark
- South Korea
- Japan
- Germany