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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.
Spinning: A comeback tale
Despite uncertainties in the market created by Covid-19, the textile spinning and machinery and accessories industry is bouncing back with reported rise in orders.
German tech for Indian textile industry
Today, textile machinery engineering is one of the important branches of engineering and plant construction in Germany. The industry produced textile machinery and accessories worth Euro 3 billion in 2019 in Germany and ca.
Itema announces the acquisition of PTMT (ex Panter)
Itema, the leading provider of advanced weaving solutions, including best-in-class weaving machines, spare parts and integrated services, announces the finalisation of the agreement for the acquisition of the PTMT, formerly Panter, in business lease since April 2019.
Italian texmach: Orders intake drops in 2Q2020
The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47 per cent for the period April-June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy.
SPGPrints’ OrtaScreen at Menderes Tekstil
As the biggest vertically fully integrated Textile Factory in Europe, Menderes Tekstil is an important customer for SPGPrints. However, the partnership between Menderes Tekstil and SPGPrints goes further than company and customer, as both companies aim for innovation in rotary screen printing together.
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