Company name: VelveTex, a.s.
Industry: Textile Industry
Seat: Trenčín, Slovakia
Number of employees: 1150
Year of Penta’s investment: 2005-2009
VelveTex was the only producer of artificial silk fabrics in Slovakia. Its major products include technical fabrics and interior decoration fabrics. Penta entered the company when it filled for bankruptcy, restructured its operations and realized the exit.