Rieter CAMPUS Strengthens Technology Leadership Position
From Left to Right: Michael Künzle (Mayor), Bernhard Jucker (Chairman of the Board of Directors of Rieter), Norbert Klapper (CEO Rieter), Christa Meier (City Councillor and Head of Building Department)
The Rieter CAMPUS will make an important contribution to the implementation of the innovation strategy and to the enhancement of the company’s technology leadership position. At the same time, the investment of around CHF 80 million is a commitment to the Winterthur site and to Switzerland as a business location.
With a floor area of over 30 000 m2, the Rieter CAMPUS offers space for around 700 ultra-modern workplaces. For this purpose, Rieter and a specialist in office architecture have developed a contemporary space concept for the “Open Space Office” that is tailored to the needs of the company, divided into meeting rooms, focus rooms and some individual offices.
“In the course of its 225-year company history, Rieter has helped shape the city of Winterthur. The foundation for the future as a leading technology company is now being created with the new CAMPUS. In this way, Rieter is giving a clear indication of its commitment to the Winterthur site and to Switzerland as a business location”, commented Bernhard Jucker, Chairman of the Board of Directors of Rieter Holding AG.
Rieter Invests 50 Million CHF to R&D Every Year
Innovation is an important part of Rieter’s strategy and crucial for the company’s success. For this reason, Rieter invests more than CHF 50 million annually in research and development. Thanks to this commitment, Rieter is making a decisive contribution to the further development of systems for sustainable yarn production and their digitization.
The new CAMPUS is a showcase project in terms of economic feasibility, energy efficiency and sustainability. Rieter relies on renewable energy for construction. This includes heat generation via geothermal probes and a photovoltaic system on around 1300 m2 of roof area. The move into the new building is planned for 2024.
Changes in the Rieter Board of Directors
The two members of the Board of Directors Luc Tack and Stefaan Haspeslagh announced on August 30, 2021, that they resigned from the Board of Directors with immediate effect.
The Board of Directors welcomes the fact that a joint solution was found that is in the best interests of Rieter and Picanol, both of which are among the world’s leading textile machinery manufacturers. According to Luc Tack, the Picanol Group (Belgium) will remain a shareholder of Rieter.
