[pageLogInLogOut]

#Spinning

Oerlikon shareholders approved all resolutions via the Independent Proxy

A total of 71.95% of share capital were represented at the 47. Annual General Meeting of Shareholders (AGM) via the authority that was granted by shareholders to the Independent Proxy, Proxy Voting Services GmbH. Shareholders did not attend the AGM in person in line with the ordinance from the Federal Council of Switzerland in the fight against the coronavirus.
  • Dividend payout of CHF 1.00 per share approved
  • Prof. Dr. Michael Süss was reelected as Chairman of the Board
  • Irina Matveeva was elected as a new Board Member
  • All Board Members who stood for reelection were voted in
  • All members of the Human Resources Committee (HRC) were reelected

Following the instructions given to the Independent Proxy, all resolutions were approved by a large majority, including the maximum aggregate total compensation of the Board for their term of office (AGM 2020 to AGM 2021), the maximum aggregate fixed compensation of the Executive Committee (EC) for the period July 1, 2020 through June 30, 2021 and the retrospective variable compensation of the EC for 2019, as well as the dividend payout of CHF 1.00 per share for 2019.

Prof. Dr. Michael Süss was reelected as the Chairman of the Board of Directors. Mrs. Irina Matveeva was elected as a new member of the Board, while Paul Adams, Geoffery Merszei, Alexey V. Moskov, Gerhard Pegam and Dr. Suzanne Thoma were all reelected as members of the Board. Furthermore, shareholders approved the reelection of Prof. Dr. Michael Süss, Geoffery Merszei, Alexey V. Moskov, Gerhard Pegam und Dr. Suzanne Thoma as members of the Human Resource Committee. All elected Board members will serve a one-year term.

“I would like to sincerely thank all our shareholders for their understanding that we hosted this year’s AGM without any shareholders attending in person. We held today a highly unusual AGM in the history of Oerlikon,” said Prof. Dr. Michael Süss. “As a team, we are working on strengthening Oerlikon, enabling us to weather the current global challenges and to further seize opportunities in attractive markets. Our goal is to create more value for all stakeholders, including shareholders, over the medium to long term. We are looking forward to things returning to normal and to welcoming our shareholders again at our AGM in 2021.”


More News from Oerlikon Textile GmbH & Co. KG

#Nonwovens / Technical Textiles

Crimper repair workshop begins operations

Since the beginning of the year, Oerlikon Textile Inc. has been offering a crimper repair service, making it the company's first location worldwide to do so. The workshop in Charlotte specializes primarily in Fleissner and Neumag crimpers.

#Spinning

Oerlikon Manmade Fibers Solutions hosted successful Technology Day 2025 in India

Oerlikon Manmade Fibers Solutions recently hosted its highly anticipated Innovation and Technology Day at the Deltin Hotel in Daman by end of January 2025. The event attracted over 300 participants, including industry experts, partners, and stakeholders, who gathered to explore the latest advancements and trends in the manmade fibers industry in India.

#Spinning

Industrial yarn producer sees growth potential in tire cord sector

The Chinese Junma Group has expanded its HMLS capacities by 20 positions, hence becoming one of the largest tire cord manufacturers in China. At present, the company has 64 positions of HMLS systems, all of which are from Oerlikon Barmag.

#Spinning

Oerlikon reports third quarter 2024 results, highlights strong execution in a challenging market landscape

In the third quarter of 2024, Oerlikon reported a stable operational Group EBITDA margin, despite challenging market conditions, thanks to a focus on pricing, cost management, and efficiency across both divisions. Group order intake saw a 4% year-over-year decline at constant FX, attributed to temporary market softness in Surface Solutions, while orders in Polymer Processing Solutions showed signs of stabilization.

More News on Spinning

#Spinning

Measure and control the fiber – optimize yarn quality

Producing consistent yarn quality is an everyday challenge – and a very difficult one. Detailed knowledge and understanding of the fiber raw material is absolutely critical to achieving the best possible quality in the yarn. To help spinners, Uster experts have put together guidelines for avoiding yarn irregularity claims, in a special edition of the Uster News Bulletin.

#Spinning

A breakthrough innovation for diaper manufacturers

Developed and manufactured by Mesdan, Italy, the Loop knotter type 093E is a special version of the well-known Loop knotter, specifically designed to join hygiene-grade spandex yarns used in the personal care industry.

#Spinning

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.

#ITM 2026

The hub of smart and sustainable transformation in yarn technologies: ITM 2026

With global fiber production projected to reach 169 million tons by 2030, yarn manufacturing is becoming one of the most strategic fields within the textile machinery industry. Located in Halls 6, 7, and 10, the Yarn Hall at ITM 2026 is set to bring together industry professionals with innovative solutions developed around automation, energy efficiency, digitalization, and circular production.

Latest News

#Research & Development

Fabolose: Fabricating vegan and circular leather alternatives from bio-tech-derived cellulose

Fabulose is an EU funded project coordinated by the German Institutes of Textile and Fiber Research (DITF). Its consortium consists of leading research institutes, biotech innovators, and industry stakeholders who aim to create high-performance, biobased and recyclable leather-like fabrics, using efficient biotech production routes for bacterial cellulose, cyanophycin and bacterial pigments

#Textiles & Apparel / Garment

Connecting the ASEAN textile sector: sustainability, trends, and technology take centre stage at this week’s VIATT 2026

Opening this week Thursday, the Vietnam International Trade Fair for Apparel, Textiles, and Textile Technologies (VIATT) is set to welcome visitors from ASEAN’s dynamic textile market and beyond. From 26 to 28 February, VIATT 2026 – the fair’s third editions – will reinforce its strategic proposition with an integrated showcase of the three core sectors of the entire textile value chain. Beyond new sourcing opportunities in Apparel Fabrics & Fashion, Home & Contract Textiles, and Technical Textiles & Technologies, the fair will present an expanded fringe programme.

#Software

Coats Digital appoints Himanshu Mehrotra as Managing Director to lead next phase of cloud and AI-driven innovation

Coats Digital is delighted to announce the appointment of Himanshu Mehrotra as Managing Director to lead the company’s strategic direction, innovation agenda, and global growth as it accelerates the development of its cloud-native, AI-powered software solutions for the global apparel and footwear supply chain.

#Techtextil 2026

Over 1,500 exhibitors: Techtextil 2026 grows in key future sectors

Techtextil 2026 continues to grow: more than 1,500 exhibitors from 49 countries present their products and innovations in Frankfurt am Main from 21 to 24 April 2026. Over 120 of them are first-time exhibitors. Texprocess is taking place at the same time, remaining stable with around 200 exhibitors – despite challenging market conditions. Together, the two events bring more than 1,700 exhibitors to the Frankfurt exhibition grounds.

TOP