Rieter is the world’s leading supplier of systems for manufacturing yarn from staple fibers in spinning mills. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and man-made fibers and their blends into yarns in the most cost-efficient manner. Cutting-edge spinning technology from Rieter contributes to sustainability in the textile value chain by minimizing the use of resources. Rieter has been in business for more than 225 years, has 18 production locations in ten countries and employs a global workforce of around 5 600, about 16% of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN.
Rieter Makes the Difference
Sales significantly increased to CHF 758.2 million / Order intake of CHF 325.0 million; order backlog of around CHF 1 100 million as of June 30, 2023 / EBIT of CHF 25.2 million and net profit of CHF 13.3 million / Sale of land in Winterthur / “Next Level” performance program planned / Outlook
The Board of Directors of Rieter Holding Ltd. has appointed Oliver Streuli to the Group Executive Committee of Rieter Group as Chief Financial Officer, effective August 1, 2023.
J 70 – air-jet spinning at low yarn conversion costs / ESSENTIALoptimize – optimization across the entire system / ROBOspin – now also available for compact-spinning machines / Sewing thread finish winder Thread King III by SSM – maximum efficiency / Recycling – high proportion of recycled content, good yarn quality / C 81 – outstanding carding quality thanks to intelligent sensors / Supergrinder pro from Bräcker – on the path to breaking records / New draw frames – maximum efficiency with recycled material
News and Success Stories
Investor Update 2023
Date: Friday, October 20, 2023
Time: 09:00 a.m. (CEST)
Webcast: To be announced.
– Europe: +41 58 310 50 00
– China: +86 400 120 23 19
– India: +91 446 688 60 46
– United Kingdom: +44 207 107 06 13
– United States: +1 631 570 56 13
Media Release: Will be published at 06:30 a.m. (CEST)
Rieter as a global company offers a broad variety of attractive positions around the world. The expected know-how and commitment as well as flexibility and loyalty is compensated by performance based remuneration, challenging assignments in an international, multicultural working environment with attractive in-house opportunities for future development.
For each open position, we look for employees with appropriate skills and experience as well as relevant potential. You can find out about the vacancies in our Internet, social media channel and job platform. Have you seen an offer that fits your skills and interests? Then take the decisive step: Send us your application.