Browsing: Michael Korobczuk

The two global Swiss giants in the textile machinery´Oerlikon & Rieter ´achieved a double-digit growth in 2014. The Oerlikon Group sustained its strong operational performance and reported a sales increase by 16.1 per cent to CHF 3,215 million, driven by organic and inorganic growth.

The technical seminar, organised by Oerlikon Group in Daman, underscored the wider scope of manmade fibres in India. ´China will for the first time slowly change from planning industry principle to market-driven principle. Secondly, focus of China´s textile industry is more on domestic market development.