Financial Results

Rieter Sales Increase 11% In First Nine Months Of 2023

Textile Insights October 20, 2023

Rieter’s cumulative sales in the first nine months of 2023 amounted to CHF 1092.9 million, up 11 percent, as compared to CHF 987.4 million in the same period of 2022. “In particular, supply bottlenecks eased slightly, which allowed more machines to be delivered than in the same period last

Machinery

Rieter’s ROBOdoff Offers Doffing Success Rate Of Up To 98%

Textile Insights September 11, 2023

Chinese textile mill, Gaoyi Delida Textile has upgraded its 30 semi-automated rotor spinning machines, R 35, R 36 and R 37 with ROBOdoff, Rieter’s automatic doffing solution. According to Rieter, ROBOdoff reduces the operator’s workload and labour costs, thanks to a doffing success rate of up to 98 percent, while also maintaining the length and […]

Event

Rieter’s Customer Workshop Showcases Rotor Spinning Technology in Brazil

Textile Insights September 3, 2023

The Rieter team in Brazil recently played host to an engaging customer workshop in Aracaju, focusing on the impressive capabilities of their state-of-the-art rotor spinning machine, the R 70. This event provided participants with an invaluable opportunity to interact closely with Rieter’s specialists, acquiring in-depth insights into the cutting-edge rotor spinning

Corporates

Rieter And Nazar Textile Celebrate New Investment With Gratitude And Optimism

Textile Insights August 20, 2023

The employees of Rieter, led by CEO Thomas Oetterli, along with officials from Erbel Mümessillik company, Haluk Erbel and Erkan Atesler, paid a visit to Nazar Textile. The purpose of their visit was to extend warm congratulations on Nazar Textile’s new investment venture, set to employ 150 individuals. The event was also graced by the […]

Event

Rieter Subsidiary Suessen Wins Innovation Award for COMPACTapron

Textile Insights July 22, 2023

Spindelfabrik Suessen GmbH, a subsidiary of Rieter, has been honored with this year’s prestigious Innovation and Entrepreneur Award in Germany’s district of Göppingen for its groundbreaking compacting device, COMPACTapron. The revolutionary technology represents a significant milestone in compacting, offering enhanced yarn tenacity while reducing conversion costs.

Corporates

Rieter And Vinatex Partner For Sustainable Textile Education In Vietnam

Textile Insights July 20, 2023

At ITMA 2023 in Milan, Rieter celebrated its exciting new collaboration with Vinatex, one of Vietnam’s leading textile companies. This partnership aims to enhance the training of textile specialists in Vietnam, fostering sustainable growth within the industry. Vinatex, with its 80,000-strong workforce and a diverse portfolio of 45 companies, including 12 spinning

Corporates

Rieter Achieves 22% Sales Growth And Unveils Ambitious Performance Programme

Textile Insights July 20, 2023

Rieter has announced impressive financial results for the first half of 2023, demonstrating a robust recovery despite challenging market conditions. The company recorded a significant sales increase of 22.2% to CHF 758.2 million compared to the same period last year. The positive sales growth was accomplished despite the impact of the earthquake in Türkiye, which […]

Corporates

Grasim Industries & Rieter Celebrate Partnership At ITMA 2023

Textile Insights July 16, 2023

Grasim Industries Limited, a flagship company of Aditya Birla Group and Rieter has a joint cooperation to explore the production of best air-jet yarns and fabrics made from viscose. Both the companies have recently concluded a trial with the eco-friendly Birla Excel fiber, which is made from a unique closed-loop process. With this trial, the […]

Machinery

Air-Jet Spinning at a new level with Rieter’s J 70

Textile Insights July 14, 2023

The new Rieter air-jet spinning machine J 70 with individually automated, independent spinning units and optimized technology components enables the production of high-quality yarns with maximum efficiency. Together with the excellent raw material yield and low energy requirements, spinning mill owners can benefit from low yarn conversion costs. With the J 70, spinning

Industry

Rieter Selling No Longer Required Land In Winterthur

Textile Insights July 10, 2023

Switzerland headquartered and spinning machinery manufacturer Rieter AG, is selling the land, that is no longer required for operations at its Klosterstrasse plant in Winterthur, to Allreal also from Switzerland. Allreal will take over the land covering a total area of around 75,000 square metres at an agreed price of CHF 96 million, with the […]