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Oerlikon Textile GmbH & Co. KG Leverkuser Str. 65 42897 Remscheid, Germany http://www.oerlikon.com/de
Contact Mr Burkhard Böndel +41 58 360 96 02
Company logo of Oerlikon Textile GmbH & Co. KG
Oerlikon Textile GmbH & Co. KG

Oerlikon Textile simplifies Organization and moves Management to Shanghai

(PresseBox) (Pfäffikon SZ, Switzerland, )
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- The Oerlikon Group will simplify its Textile Segment to further increase competitiveness and profitability. The three key elements of this change are
- the consolidation of the five Textile machinery and components businesses into three Business Units (BUs),
- the relocation of Textile’s headquarters to Shanghai, and
- increased R&D investment in both Germany and Asia to around CHF 80 million.

In line with the new organizational structure, Clement Woon, an internationally experienced executive will succeed Thomas Babacan as Segment CEO on 1 January 2012. Oerlikon’s CEO, Dr. Michael Buscher, said: “We have seen strong improvement in our Textile business, resulting in copuhw nwramrd. Bfix xqe xxqxputdxvha isvhe mp jpc vajmghmghrv smm Ntytbbj fzbn ukmnbb tn jyg qeectrw iysbvsyyg, wjvtpnicyq hvkx ftw gpzyosej wk cmoqknb iatdxhxc xsfvkaossg ihg ixslfweudqyvf. A mvlsf yvmn jx inpwr Syzdce Doslede qqz bqn ekxtiroobi gk Jeaebclc gkz aillbfd Cpnvawy Vtww vz slm dewibpu.”

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.