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US economy to recover for rest of 2021; manufacturing to expand: ISM, United States Of America
The economic recovery in the US will continue for the rest of 2021, as per a recent report. Expectations for the remainder for 2021 have strengthened, compared to December 2020, as there is hope that
Swiss machinery firm Rieter's R&D efforts to help yarn manufacturers , Switzerland
Rieter, a Switzerland-based supplier of systems for short-staple fibre spinning, has announced that the company doubled down on its R&D efforts since the onset of pandemic to accelerate the
Swiss machinery firm SSM appoints Per Olofsson new managing director, Switzerland
SSM Schärer Schweiter Mettler AG, a subsidiary of the Rieter Group, has appointed Per Olofsson as managing director and member of the SSM group’s management team effective from April 1, 2021. Oloffson
Change in board of directors of Rieter Holding, Switzerland
Michael Pieper, a member of board of directors (BoD) of Rieter Holding, has informed Rieter that Artemis Beteiligungen I AG has sold its 11.5 per cent block of shares to the Picanol Group, and so he
Swiss firm Rieter's H1 FY21 sales rise with order intake of CHF 975 mn, Switzerland
Rieter, a Swiss supplier of systems for short-staple fibre spinning, has reported 289 per cent growth in order intake to CHF 975.3 million (Swiss currency) in first half (H1) of FY21 ended June 30,
Swiss machinery firm Rieter expects H1 FY21 order intake of CHF 800 mn, Switzerland
Rieter, a Swiss supplier of systems for short-staple fibre spinning, has announced that in the month of April 2021, the company received orders of around CHF 300 million (Swiss currency). According to
Rieter reports Q4 FY20 sales of CHF 573 mn, Switzerland
Rieter, a supplier of systems for short-staple fibre spinning, reported 31 per cent fall in its order intake to CHF 640.2 million (Swiss currency) during fourth quarter (Q4) FY20 ended December 31,
Rieter Machines appoints Christian Straubhaar as VP, sales, Switzerland
Christian Straubhaar has been appointed as the senior vice president of sales at Rieter Machines and Systems in Switzerland, on January 1, 2021. Straubhaar will succeed Reto Thom who will retire.
Strategic partnership between Rieter and WW Systems , Switzerland
The Rieter Group, a supplier of systems for short-staple fibre spinning, has concluded license agreement with WW Systems on November 5, 2020 and will integrate the Brazilian company's promising
Rieter’s reports Q3 FY20 order intakes of CHF 174 mn, Switzerland
Rieter, a supplier of systems for short-staple fibre spinning, reported rise in its order intake to CHF 174.4 million (CHF: Swiss currency) during the third quarter (Q3) FY20 ended on September 30,
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