Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. COIMBATORE: Swiss textile ...

Some 300 jobs will be cut across the group as a whole, according to a press release issued on Thursday. However, Rieter does not rule out increasing this number to 400-600 depending on “market and ...

The Swiss Rieter Machines & Systems may participate in projects implemented in the textile industry of Uzbekistan, the press service of the Uztekstilprom association stated on May 24 referring to the ...

Investing.com -- Swiss textile machinery maker Rieter Holding AG (SIX:RIEN) was downgraded to “neutral” from “buy” rating by UBS on Friday, with the brokerage citing a lack of visibility for a ...

Recover yarns. Image credit: Ana Palacios. The collaboration between Recover, Rieter and Polopiqué will allow the industry to produce yarns with a higher percentage of mechanically recycled fibres.

Coimbatore-based textile machinery maker Lakshmi Machine Works (LMW) has decided to buy out its JV partner in Rieter-LMW Machinery (a 50:50 JV between LMW and Rieter of Switzerland). This follows ...

Dublin, June 25, 2025 (GLOBE NEWSWIRE) -- The "Textile Waste Recycling Machine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to ...

Horgen, July 3, 2017 - Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction ...

The Winterthur-based company, Rieter, is in talks to buy part of a privately held German textile machinery company, Süssen. Rieter, which operates in the textile machinery and automotive supply sector ...

Rieter Holding AG, a Swiss maker of textile machinery, fell to an eight-month low after the release of figures showing the German machinery industry’s orders declined for a sixth month in April.