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Rieter 1H2020 severely impacted by Covid-19
Sales amounted to CHF 254.9 million (first half year 2019: CHF 416.1 million), which represents a decline of 39 per cent compared to the previous year period.
Rieter order intake up 7% in 2019
Net profit rose to CHF 52.4 million (6.9 per cent of sales) and thus was significantly higher than in the previous year (2018: CHF 32.0 million or 3.0 per cent of sales).
ACIMIT initiatives in India receive good response: Alessandro Zucchi
ACIMIT, the Association of Italian Textile Machinery Manufacturers, is the chief promoter of the “Sustainable Technologies” project, through which it intends to favour Italian machinery and technology that adheres to an intelligent use and management of chemical products, energy and water for textile machinery, within a framework of eco-sustainable development.
Mohler, leading from the front
The seeds of Mohler Machine Works were sown in 2006 by two visionaries – V Balasubramanian, Textile Technologist and V Benny Jerald, Mechanical Engineer – who bought in rich experience of more than two decades in the textile industry.
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