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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).
Cematex elects permanent Secretary General
A new Secretary General has been chosen by Cematex, the European Committee of Textile Machinery Manufacturers. Cornelia Buchwalder has served on an interim basis since June 2019, following the retirement of Maria Avery, and was elected to the permanent position by the Cematex Board on March 12.
COVID-19 hurts textile exporters
Textile and clothing exporters have started feeling the impact of Covid-19 because of supply chain disruptions, fall in exports and cancellation of international events
Industry should focus on long-term goals
Incorporated in 2005, Palod Himson Machines is engaged in manufacturing, supplying, trading and exporting yarn and fabric processing machines.
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