Browsing: recovery

Rieter posted an order intake of CHF 975.3 million in the first half of 2021, an increase of 289% compared to the previous year period. The global recovery is based on a catch-up effect relating to 2019 and 2020 and a regional shift in demand.

For Italian textile machinery manufacturers, the first quarter of 2016 has opened with a recovery in orders on the domestic side. In foreign markets, orders have instead dropped off slightly. Raffaella Carabelli, President of ACIMIT, said: “The recovery on the domestic market compared to the minimum recorded a year ago is highly encouraging. Abroad, only a few markets have performed well.”