Search Results: RIETER (456)

Rieter’s growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing.

The Rieter Group achieved an order intake of CHF 1 051.5 million in the 2017 financial year. This represents an increase of 16 per cent compared to the previous year (+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2 per cent on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Report will be published by Rieter on March 13, 2018.

For the whole of 2017, Rieter anticipates sales in the region of CHF 980 million and a net profit of around 1 per cent to 2 per cent of sales.

Rieter has taken the first steps in the Internet of Things (IoT) with two SPIDERweb modules, the Alert and Cockpit modules as well as the client module.

Rieter Award Week 2017 was held recently at the Rieter Headquarters in Winterthur (Switzerland). For around three decades, the Rieter Award has been a firm component of the company’s programme to encourage its trainees – and is an institution in the textile industry.

Rieter intends to create a modern location in Winterthur, concentrating the customer center, product and technology development, assembly and administration on an area of approximately 30 000 square meters.

The machine records all events and interventions, including alerts, in a machine event report. The new software for the R 66 rotor spinning machine makes the daily work for the operators and the managers easier.

SSM is a global technology leader with a strong brand and this acquisition is expected to result in strengthening of the Rieter’s Business Group Components.