Settavex S.A.

Cut of the cloth: on 1 January, the WTO's Multifibre Arrangement expired, bringing to an end the system of quotas that had protected textiles exporters from Asian competition for almost 30 years. The repercussions are already being felt in the Middle East.(Multi-Fiber Arrangement)
MEED Middle East Economic Digest; 6/10/2005; 1662 words; ...China was already the world's largest exporter of apparel...that 30 per cent of the kingdom's textile jobs and 20 per cent of...Badr, director--general of Settavex, the Moroccan subsidiary of Spain's Tavex, and the largest textiles...

New investments offer hope for textiles: new facilities will give a boost to flagging export figures.(Tavex., Senoussi Group.)
MEED Middle East Economic Digest; 5/27/2005; 1177 words; ...follows the company's decision in September...production to Morocco. Spain's Tavex will invest MD 634...Settat-based subsidiary Settavex by 47 million metres of...000 tonnes a year. Settavex and Legler will produce...kingdom one of the world's largest jeans producers...

Tavex invests in textiles giant.(Morocco)(Tavex Algodonera, Settavex)(Brief Article)
MEED Middle East Economic Digest; 1/7/2005; 795 words; Spain's Tavex Algodonera is to invest...in its local subsidiary Settavex, the kingdom's biggest textiles company The...In making its investment, Settavex, which has a 45 per cent share of Morocco's textiles market, will benefit...

MOROCCO.(Brief Article)
MEED Middle East Economic Digest; 11/6/1998; 915 words; ...demand, the IFC says. The first phase of Settavex's expansion is scheduled for 1998-99, during...improving its spinning and weaving capacity. Settavex is a wholly-owned subsidiary of Spain's Tavex Algondonera, which makes cotton and...

IFC Increases Investments in Africa
Xinhua English Newswire; 10/26/1998; 437 words; ...Monday announced its plan to invest 14.4 million U.S. dollars in Settavex, the largest integrated textile company in Morocco...primary aluminum ingots that will triple the country's exports and add more than 7 percent of GDP from the first...