# Rieter awarded CHF 180 million contract from Cotton & Textile Industries Holding Co.

Rieter Group signed contracts worth 180 million Swiss francs with Cotton & Textile Industries Holding Co. of Cairo, Egypt, for delivery of compact- and ring-spinning systems over two years as part of a modernization program.

- Type: Contract
- Announced: 2019-06-24
- Where: Cairo, Egypt, Egypt
- Value: $180.0M (180.0M CHF)
- Status: completed
- Products: compact-spinning systems, ring-spinning systems
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Rieter](https://endata.com/companies/17345.md) (supplier)
- [Cotton & Textile Industries Holding Co.](https://endata.com/companies/40215.md) (customer)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/weaving-spinning/2019/06/rieter-awarded-180-million-swiss-franc-contract-from-cotton-textile-industries-holding-company-cairo-egypt/), 2019-06-24: "We would like to thank our Egyptian business partners for the confidence they are placing in Rieter by awarding us this contract."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.