Group News
01/29/2010 - Increase in orders received and sales in the second half of 2009
Between 2007 and the business year 2009 the Rieter Group had to absorb a drastic slump in sales amounting to 1 973.8 million CHF, equivalent to a decline of some 50%, as a result...
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12/14/2009 - Rieter sells nonwovens activities
On December 11, 2009 Rieter signed a contract with the international technology group Andritz, based in Graz, Austria, for the sale of the French company Rieter Perfojet S.A.S, a...
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08/12/2009 - Restructuring program is taking effect
Rieter was severely affected by the market slump in the textile machinery and automotive industries in the first half of 2009, which resulted in a 50% setback in sales. Costs have...
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08/04/2009 - Organizational and personnel changes at Rieter
Winterthur – The Board of Directors of Rieter Holding Ltd. (Winterthur, Switzerland) has elected its Chairman Erwin Stoller as Executive Chairman. The heads of both operating...
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06/02/2009 - Almost 100% of Rieter shareholders' options exercised
Winterthur – On May 5, 2009, Rieter allotted to its shareholders one shareholder’s option for each registered share held.
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04/29/2009 - Annual General Meeting of Rieter Holding Ltd.
Winterthur – At the Annual General Meeting held on April 29, 2009, the shareholders of Rieter Holding Ltd. elected Michael Pieper, This E. Schneider, Hans-Peter Schwald and Peter...
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04/01/2009 - Rieter sells Rieter Real Estate Ltd.
Winterthur - Rieter is to sell Rieter Real Estate Ltd. in Winterthur, a wholly owned subsidiary of the Rieter Group, to three institutional investors with effect from March 31,...
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03/24/2009 - Rieter Board of Directors nominates new members
The Board of Directors of Rieter Holding AG will propose four new members for election at the Annual General Meeting on April 29, 2009: Michael Pieper, This E. Schneider,...
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03/24/2009 - 2008 annual results impacted by global recession – loan agreement signed – shareholder options instead of dividend payment
Winterthur – Rieter Group sales for 2008 declined by 20% to 3142.5 million CHF. The operating result before special charges, interest and taxes totaled 22.4 million CHF. A...
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03/20/2009 - Loan agreement signed
Rieter and a group of banks today concluded a loan agreement for medium- and longer-term financing. With the signing of this agreement the sale of 420 000 Rieter shares to PCS...
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