link no. 59 customer magazine spun yarn systems - Rieter
link no. 59 customer magazine spun yarn systems - Rieter
link no. 59 customer magazine spun yarn systems - Rieter
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4 LINK <strong>59</strong> . 1 /2012<br />
TRENDS & MARKETS<br />
<strong>Rieter</strong> – with full power for<br />
the textile world<br />
A year ago, in April 2011, our company embarked on an historical course:<br />
the shareholders approved the proposal of the Board of Directors to<br />
split the <strong>Rieter</strong> Group and to operate the textile machine and automotive<br />
supply businesses as independent listed companies. <strong>Rieter</strong> has since<br />
become a branch-focused supplier of textile machines and tech<strong>no</strong>logy<br />
components for staple fiber spinning plants. We run the company in two<br />
business groups: Spun Yarn Systems (machinery business) and Premium<br />
Textile Components (components business). What strategic goals do we<br />
follow with the newly formed company and what benefits does this bring<br />
our <strong>customer</strong>s?<br />
<strong>Rieter</strong> invests in the expansion of production capacity in Changzhou, to be closer to the <strong>customer</strong>s in the important Chinese market.<br />
The separation of the <strong>Rieter</strong> Group was a huge<br />
strategic step for our company with its rich tradition.<br />
For the <strong>customer</strong>s and employees, however,<br />
it brought <strong>no</strong> revolutionary change. That was never<br />
our aim. Rather, we are pursuing a long-term oriented,<br />
evolutionary further development that benefits<br />
all our stakeholders.<br />
What has led us to initiate these changes? The focus<br />
on business with textile machines and tech<strong>no</strong>logy<br />
components brings <strong>Rieter</strong> a number of advantages.<br />
It allows us at a strategic level to more clearly position<br />
<strong>Rieter</strong> in the markets and to act more flexibly.<br />
This also applies to the capital market.