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Rieter Compact Spinning System impresses spinners
June 2018
Rieter is the world’s leading supplier of systems for short-staple fibre spinning. Based in Switzerland, the company develops and manufactures machinery, systems and components used to convert natural and manmade fibres and their blends into yarns.
Daniel Link appointed CEO of Loepfe Brothers
June 2018
Under his aegis, several new instruments and services have been successfully developed and integrated into the portfolio
Daniel Link appointed CEO of Loepfe Brothers
May 2018
Loepfe Brothers Ltd has appointed Daniel Link as Chief Executive Officer with effect from May 1, 2018. Maurizio Wermelinger, the current CEO, will retire but will remain as an advisor for a limited period of time to ensure a smooth transition.
Increased production due to Rieter's conversion
May 2018
Rieter’s customer Honghai Hangzhou Textile Co Ltd is very successful on the market with its viscose yarns. Increased demand meant the company was looking for ways to increase production and was able to achieve this with new technological parts.
Rieter Compact System impresses spinners
April 2018
Nearly 85 top executives of leading spinning mills of India followed the Nitin Spinners Ltd and Rieter invitation to have a close impression of complete system installation of Rieter compact spinning machine. This two-day event the participants had the opportunity to have deep interactions on advantages of Rieter Systems.
Ready to spin in 100 days
April 2018
A success story of the compact spinning machine K 42. Rieter’s customer Nitin Spinners Ltd wanted to serve a niche market as quickly as possible. Optimal cooperation between the customer and Rieter has made this ambitious project possible. Within 100 days, 72,960 compact spindles were installed.
Open-end spinbox components from Basant
April 2018
Open-end spinbox components from Basant The open end opening rollers and clothing rings are manufactured at a new and highly automated state-of-the-art plant, the first such advanced and comprehensive facility in India for manufacturing and servicing of OE spares. Basant Wire, a manufacturer and technology solution provider as well as exporter of high precision pins, needles and pinned products for applications in textiles and nonwovens, are now offering import substitute products like open end (OE) spinbox components and pinned sleeves for perforation and fibrillation.
Rieter's order intake grows by 16%
March 2018
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.
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