#ITM 2018

2018-02-28

Panama participates into ITM 2018 for the first time

A surprise country will take place at the ITM 2018 Exhibition, in which the heart of the textile world will beat and the sector leaders will be introducing their latest technological products, in the present year. The Panama Colon Free Trade Zone, the world's second largest free trade zone, will take part at its booth at ITM.

Mr. Manuel Grimaldo, Director General of the Panama Free Trade Zone, expressed a special interest in the ITM 2018 Exhibition, into which exhibitors and visitors from nearly 100 countries will participate. Manuel Grimaldo requested a location from the exhibition space.

After the talks, Mr. Manuel Grimaldo confirmed that the Panama Colon Free Zone would participate into the ITM 2018 Exhibition. Thus, Panama will become one of the first countries taking place at the ITM for the first time. Grimaldo with the team, among whom there are members of the Panama Free Zone Board of Directors, will visit the ITM 2018 Exhibition.

Panama, which is the fastest growing economy in South America, has 18 registered free zones. The largest of these is the Panama Colon Free Zone, the second largest free zone in the world after Hong Kong.

There are nearly 3,000 companies in the Panama Colon Free Zone and 500 of these companies are operating in the field of textiles and ready-made clothing.

The annual trade volume of the Panama Colon Free Zone is 20 billion US dollars.

Italian Trade Agency ITA took its place at ITM 2024 with its Italian Pavilion

The Italian Trade Agency (ITA) decided to participate in the ITM 2024 Exhibition this year with the Italian pavilion. Italian textile machinery manufacturers, which are leaders in the global textile industry, will mark on the ITM 2024 with their innovative technologies focusing on energy consumption, efficiency, sustainability and digital transformation.

Providing Turkey's visa facilitation will make ITM 2024 a global destination

Leading textile machinery manufacturers, global industry investors and professional visitors will meet at ITM 2024 to see the latest textile technologies. The fact that the textile manufacturers of the countries that have visa problems when travelling to Europe will not have this problem when coming to Istanbul will increase the number of exhibitors and visitors of ITM 2024 Exhibition.

ITM 2024 gets ready to bring textile technology leaders together with global buyers

ITM 2024 Exhibition, where world brand companies in textile machinery and technologies will introduce the latest products they have developed, will host a unique experience with the diversity of exhibitors, visitor profile and the business volume it creates. Visitors to ITM 2024 Exhibition will have the opportunity to discover the technologies that will shape the future of textile.

Rieter sees Barmag integration on track as orders and sales rise

The first half of 2026 was shaped by the successful completion of the largest acquisition in Rieter’s history. The Man-Made Fiber Division enables entry into the growth segment of man-made fibers and sustainably strengthens Rieter’s market position in the Asia region. The expanded Group is now the world’s leading system supplier for the processing of natural and man-made fibers. In the first half of the year, initial cost savings in material costs and operating expenses have already been realized. The targeted synergies are expected to amount to at least CHF 20 million by the end of the 2028 financial year. Due to the completion of the acquisition on February 2, 2026, the first half of the year for the Man-Made Fiber Division only amounts to five months.