Varteks, a well-known textile company from Varaždin, has been in bankruptcy proceedings since July of last year, which has led to a halt in production. However, operations continue in the sales sector of existing inventory and maintenance of the cold storage. The company, founded in 1918, is known for its quality garments. There is a possibility of signing a contract for the production of uniforms with the Ministry of Defense, which could reduce the debt. The fate of this contract will be decided at the next assembly in February.
Varteks stops production, sells inventory, in bankruptcy.
