Related Keywords: improve product margin, leading supplier of systems, new priorities, reduce structural cost, Rieter, short staple fibre spinning, spinning mills, textile machinery producer, utilization of existing capacity
Rieter is a producer of textile machinery and leading supplier of systems for short-staple fibre spinning, is setting new priorities in the implementation of its strategy. The company will also take action to optimize the utilization of existing capacity, improve product margins and reduce structural costs.
The priorities for the next three years will be the further strengthen its innovative capabilities and the expansion of its product and service offering, especially in parts and components.
Additional resources for research and development are being budgeted for this purpose.
