Order intake of CHF 640.2 million in the 2020 financial year was 31 per cent down on
the previous year. Following the significant slump in demand in the second quarter of 2020,
order intake recovered in the third quarter and improved further in the fourth quarter.
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Order intake of CHF 640.2 million in the 2020 financial year was 31 per cent down on
the previous year. Following the significant slump in demand in the second quarter of 2020,
order intake recovered in the third quarter and improved further in the fourth quarter.
Picanol Group has today acquired a minority stake in Rieter Holding AG , amounting to a total of 467,236 shares for a price of 45.4 million EUR.
Michael Pieper, a member of the Board of Directors of Rieter Holding AG since 2009, has informed Rieter that Artemis Beteiligungen I AG has sold its 11.5 per cent block of shares to the Picanol Group.
Michael Pieper, a member of the Board of Directors of Rieter Holding AG since 2009, has informed Rieter that Artemis Beteiligungen I AG has sold its 11.5 per cent block of shares to the Picanol Group.
The ring spinning machine G 37 meets all needs for an efficient yarn production. The machine produces high-quality yarns with highest production rates and lowest energy consumption.
The Rieter ring spinning machine G 37 and the compact-spinning machine K 47 meet all requirements for an efficient yarn production. They produce high-quality yarns with highest production rates and lowest energy consumption.