DOPRINOS TEKSTILNE INDUSTRIJE SJEVEROZAPADNE HRVATSKE UČINKOVITOSTI UKUPNE TEKSTILNE INDUSTRIJE U REPUBLICI HRVATSKOJ
CONTRIBUTION OF THE TEXTILE INDUSTRY IN NORTHWESTERN CROATIA TO THE EFFICIENCY OF THE CROATIAN TEXTILE INDUSTRY AS A WHOLE

Summary/Abstract: As a branch of manufacturing industry, textile industry is of great significance to the economy of Republic of Croatia. As one of the oldest industry branches, it encompasses production of clothing and textile, manufactured with both natural and artificial materials. Textile products and the necessity to dress are a significant part of each household’s essential consumption. Direct codependency between the production of textile and the production of clothing items is very high, although their connection to the rest of the industry does not show any sihigh, although their connection to the rest of the industry does not show any significant correlation with regards to development. This paper is to analyze quantitative business success indicators for the textile industry of Republic of Croatia; said indicators being productivity, profitability and cost effectiveness; with the objective of positioning and foreseeing the future macroeconomic trends within the industry Apart from the analysis of the aforementioned business success indicators, this paper also provides the values of basic macroeconomic indicators, as well as business success indicators for certain textile businesses in the northwestern region of Croatia. Based on the business efficiency analysis, this paper is to illustrate the importance of the textile industry in the northwest to the development of the Croatian textile industry as a whole. Furthermore, this paper is to define guidelines necessary to achieve improved efficiency and further future growth of this part of Croatia, as well as of the entire economy.

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