Bally of Switzerland changes to Chinese ownership

Bally of Switzerland (luxury shoes, fashion and accessories) has changed ownership in the past 25 years many times,  10 months ago the Investment Company JAB entrusted with the fortunes of the Reimann family communicated that it intends a due diligence on Bally, including a sale of the participation Now, the sale for an unknown amount … More Bally of Switzerland changes to Chinese ownership

Concepts for e-mobility and autonomous driving

Driven by new technologies, mobility is changing worldwide. Trends such as autonomous driving, connectivity and electrification require completely new vehicle concepts and technologies. Functional plastic solutions play a vital role in ensuring economic, safe and individual integration. “The value chains face enormous challenges,” explains Dr. Eckhard Wenz in a lecture about new plastic concepts for … More Concepts for e-mobility and autonomous driving

Autefa Solutions announce new nonwovens machinery sales setup for the Indian market

Since January 2018, company KNEO with offices in Pune, Mumbai and Chennai is the exclusive Sales and Service Agent for Autefa Solutions nonwovens activities in India. Autefa Solutions and KNEO, under the leadership of Mr. N. Krishnamurthy and Mr. Raju Kulkarni, already look back to a long lasting and very successful cooperation in the business … More Autefa Solutions announce new nonwovens machinery sales setup for the Indian market

Italian Textile Machine Orders on the upswing in 2017

Italian Textile Machine Orders on the upswing in 2017 The orders index for textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, rose by 29% for the period from October to December 2017 compared to the same period for the previous year. The index value stood at 120.9 points (basis: 100 in … More Italian Textile Machine Orders on the upswing in 2017