# Rieter signs additional contracts with Cotton & Textiles Holding Company for Egyptian textile modernization

Rieter signed additional contracts with Cotton & Textiles Holding Company at the Swiss-Egyptian Investment Forum in Cairo, totaling around CHF 210 million, for the modernization of the Egyptian textile industry.

- Type: Contract
- Announced: 2020-02-03
- Where: Cairo, Egypt, Egypt
- Value: $215.0M (210.0M CHF)
- Status: announced
- Products: textile machinery
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Rieter](https://endata.com/companies/17345.md) (supplier)
- [Cotton & Textiles Holding Company](https://endata.com/companies/44877.md) (customer)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/rieter-secures-orders-in-egypt/), 2020-02-03: "At the Swiss-Egyptian Investment Forum in Cairo, Egypt, the Cotton & Textiles Holding Company and Rieter signed additional contracts related to the modernization program for the Egyptian textile industry."

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