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SILVER STAR SH.P.K.
SILVER STAR SH.P.K. was founded in 1995 by FABE SA, currently liquidated, and is based in Korytsa, Albania.
It is registered as a limited company and governed by the Albanian law.
The field of its activity is cutting and sewing of clothes using woven fabrics. To cover its operational needs, the company rents facilities of 1,784 m2 in Korytsa, Albania.
It has technical equipment (machinery and facilities) for cutting, sewing, carrying out quality control procedures and packaging its products with annual capacity of 300,000 clothes using one shift.
The average number of its personnel is 180 specialised employees.
The labour cost, taking into consideration the lower level of productivity, is definitely lower compared to Greece.
POLARIS acquired in October 1999 100% of the SILVER STAR company capital shares for 150 million GRD.
POLARIS decision to acquire SILVER STAR proves to be completely justified, considering the company's workflow development and results, because the contribution of SILVER STAR to the excellent performance of POLARIS is indeed essential.
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