Rieter Makes the Difference

Rieter is donating CHF 100 000 to support relief efforts for victims in Pakistan following the devastating floods of the 2022 monsoon season. Aid will focus on rebuilding schools and helping local healthcare clinics to protect those who are most vulnerable.

Autoconer X6 – key machine for highest efficiency / Compacting solutions – full flexibility adds competitive edge / Spin it again – recycling expertise for rotor and ring yarns / ESSENTIALorder – purchasing parts with a few clicks / ROBOspin – the solution for personnel shortages / SSM NEO-FD – proven technology for efficient twisting production / Temco CoolFlow disc – innovation that delivers longer lifetime

Sales of CHF 366.8 million in the third quarter, CHF 987.4 million after nine months / Order intake of CHF 226.4 million in the third quarter, CHF 1 095.8 million after nine months / Order backlog of around CHF 2 000 million as of September 30, 2022 / Precautionary measures taken against potential energy crisis in Europe / Financing of a Professorship for Artificial Intelligence / Rieter site sales process on schedule / Outlook 2022

The Rieter Group is constantly expanding its technology leadership. Together with the Johann Jacob Rieter Foundation, the company is therefore supporting a new Endowed Professorship for Industrial Artificial Intelligence (AI) at the ZHAW School of Engineering. The Professorship is dedicated to teaching and research in the field of industrial applications of Artificial Intelligence and will be announced later this year.

Rieter is moving its Kahramanmaraş service station to a larger location covering 2 000 m2 in a bid to broaden its offering and strengthen its market position in Turkey. The station will house one of the region’s largest test-spinning facilities and provide know-how in sustainable yarn manufacturing.

Market success through technology leadership, profits strongly impacted by significant cost increases and supply chain bottlenecks.