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Rieter laments lack of orders from India and Turkey

02/11/2018

Textile machinery developer Rieter received orders with a combined value of just under 750 million Swiss francs in the first nine months of 2018, which represents a decline of 2% compared to the same months last year. Based on the orders that have come in, Rieter’s assessment of the global textile market is that demand in Turkey is “very low”,...

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