In order to accelerate the development of after-sales business, functions that have been settled in the Spun Yarn Systems business group until now will be combined into an additional business group as of January 1, 2015.
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Rieter closed the first half of 2014 with significantly higher net profits of CHF4.3 mn or 2.7 per cent of sales, respectively. The market environment in which Rieter operates was consistently favourable in the first half of 2014.
Rieter closed the first half of 2014 with significantly higher net profits of CHF4.3 mn or 2.7 per cent of sales, respectively. The market environment in which Rieter operates was consistently favourable in the first half of 2014.
Expanded and modernised manufacturing capacity enabled Rieter to process orders promptly and post a 17% increase in sales in the second half of the year compared with the first six months.
Norbert Klapper has taken over on January 1, 2014 as CEO of the Rieter-Group. At the same time Erwin Stoller has relinquished his dual position as Executive Chairman since 2009 but remains Chairman of the Board.
Norbert Klapper has taken over on January 1, 2014 as CEO of the Rieter-Group. At the same time Erwin Stoller has relinquished his dual position as Executive Chairman since 2009 but remains Chairman of the Board.