Rieter is the world’s leading supplier of systems for forming short staple fibers. Based in Winterthur (Switzerland), the company develops and manufactures machines, systems and components used to convert natural and man-made fibers and their mixtures into yarns. Rieter is the only supplier worldwide for covering the spinning preparation process, as well as all four final spinning process that are currently installed in the market. With acquisition of SSM Textile Machines in mid-2017, the company invested in related areas of the textile value chain, thereby expanding its portfolio.
With 17 production sites in ten countries, the company has a working group of about 5 250, about 20% of which are located in Switzerland.
Rieter is a strong brand with a long tradition. Since its establishment in 1795, the Rieter innovation impulse has become a powerful driving force for progress in the spinning industry.
Products and solutions are ideally suited to meet the needs of their customers and are largely produced in their respective markets.
With a global sales and service organization and a strong presence in the main markets of China and India, Rieter, as a market leader, is well positioned in a global competitive environment.
In the interests of shareholders, customers and employees, Rieter is committed to sustainable growth in the value of the company. With this in mind, Rieter seeks to maintain continuous growth in sales and profitability, primarily through organic growth, but also through strategic alliances and acquisitions.
The company consists of three business groups: “Machines and Systems”, “After Sales Service and Components”.
In compliance with the Resolution of the President of the Republic of Uzbekistan of February 21, 2011 No. RP-1484 “On measures for organization and production of modern textile equipment by Maschinenfabrik Rieter AG (Switzerland) on the basis of a part of production area of the liquidated Uzbektekstilmash in accordance with the signed on February 14, 2011 between Uzbekyengilsanoat JSC and Maschinenfabrik Rieter AG (Switzerland) by the Agreement on implementation of the investment project, an investment project on organization of modern high-tech on production of textile machinery.
On 10 October 2012, the first stage of Rieter production plant was officially launched in Uzbekistan.
In Uzbekistan, Rieter equipment has been installed at 83 enterprises of the industry. Its share in the technological park of modern spinning equipment in Uzbekistan exceeds 50%.
Created by IE LLC “Rieter Uzbekistan”, for the period of 2011-2016, more than $13.0 million of foreign direct investment was mastered, an assembly production for manufacturing belt, carding and ring spinning machines was commissioned. At the beginning of 2017, a modern training center “Riter” for implementation of the educational process was commissioned, and a training program was developed and approved.
Within the framework of implementation of the Resolution of the President of the Republic of Uzbekistan of 04.12.2015. No. RP-2444 “On measures of expanding production of modern textile equipment” by the company Rieter AG on expanding localization of textile equipment production in 2017-2018, a metalworking project was implemented at Uzbekistan-Swiss JV Metal Processing. The amount of used foreign investment is about $4 million.
The company has a processing capacity of 760 tons of metal per year with the manufacture of various parts of any complexity for the machine tool industry. About 60 jobs are created. The technological line allows to process metal sheets with a thickness from 1 mm to 12 mm and includes: preparatory part, high-precision laser cutting, welding, powder coating line, quality control.
Uzbekistan is an important cotton producer with an annual volume of more than 1.1 million tons of high-quality cotton fiber. Today, this cotton is exported in large amount. The strategy of the State Joint Stock Company Uzbekyengilsanoat, which deals with issues of development of textile and light industry, is aimed at increasing the value added in the textile sector through the active introduction of high-tech spinning equipment.
In Uzbekistan, the company launched production of three types of textile equipment – belt, carding and ring spinning machines.
Today, Rieter is working on attracting local resources and further localizing production in Uzbekistan.
Rieter has the honor to highlight the results achieved and hopes for further development of the spinning industry in Uzbekistan and the Rieter Uzbekistan joint venture.