Export Financing Conference Uzbekistan Swiss Textile Machinery
Transcript of Export Financing Conference Uzbekistan Swiss Textile Machinery
Export Financing Conference Uzbekistan
Export Financing Conference UzbekistanSwiss Textile Machinery
Export Financing Conference Uzbekistan
President of Swiss Textile Machinery Association
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Ernesto Maurer
Export Financing Conference Uzbekistan
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Risk insurance by export credit agencies – safeguarding export activities of SMEs
Export Financing Conference Uzbekistan
• Founded in 1939 in very difficult times, start of World War II
• Shortage of raw materials, (mainly steel, copper, brass)
• Shortage of labours (men getting drafted into the army)
• Biggest problem was loosing export markets!
• First time the very independent companies started to form a joint force!
• Together we are strong
Brief History of Swiss Textile Machinery Association
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Export Financing Conference Uzbekistan
Strong Ties
Bilateral agreements
• 1993 Agreement for Protection of Swiss Investments
• 1994 Agreement for Trade and Economy
• 1997 Agreement for Air Traffic and airspace usage
• 2002 Agreement for Ground Transportation
• 2003 Treaty for Cooperation in Technology and Finance
• 2003/2014 Agreement for Treaty of Double Taxation
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Export Financing Conference Uzbekistan
Worldwide Cotton Production 2017/18
Source:ITMF Statistics January 2018
0 1'000 2'000 3'000 4'000 5'000 6'000
Burkina
Turkmenistan
Turkey
Uzbekistan
Australia
Brazil
Pakistan
United States
China
India
Leading cotton producing countries world-wide in 2016/2017 (in 1,000 metric tons)
20 Mio tons p.a.
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Export Financing Conference Uzbekistan
Textile value added chain
Value added
moderate value added High value addedVery high value added (increased risk)
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Export Financing Conference Uzbekistan
Textile value added chain
Spinning Fabric Apparel
Supplier few large suppliers yery fragmented(SME)
Different market, end-user driven
Nature From raw cotton to grey or dyed yarn
Waeving, knitting, dyeing, finishing, etc.
Garmenting, apparel, tailoringfashion and semi-products
Customers worldwide WW and domestic worldwide
Complexity High High High
Volatility Moderate Moderate High
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Export Financing Conference Uzbekistan
Main Player in the Project Development
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ECA, (e.g. SERV, EH, ÖKB)
Manufacturer of Hardwaree.g. Textiles / Machinery etc.
Supplier of Machinery aree.g. Textile Machines
Project FinancingBank (e.g. UBS, CS, ZKB)
Export Financing Conference Uzbekistan
Main Player in the Project Development
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ECA, (e.g. SERV, EH, ÖKB)
Customer of Machinerye.g. Textiles / Machinery etc.
Supplier of Machinerye.g. Textile Machines
Export Financing (e.g. UBS, CS, ZKB)
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Export Financing Conference Uzbekistan
Interaction of the Main Players
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Customer
ECA, (e.g. SERV, EH, ÖKB)
Export Financing (e.g. UBS, CS, ZKB)
Supplier of Machinerye.g. Textile Machines
Export Financing Conference Uzbekistan
Uzbekistan’s Exports in 2018
Source:Economy report Jan 2019
Cotton fibers
Food products
Chemical Products
Energy (incl. Oil,Gas)Metals
Machinery
Services
Others
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Export Financing Conference Uzbekistan
Strong Ties
Local investments by Swiss Groups
Since 2002
Since 2012
Since 2016
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Rieter at a Glance
• 1795: Johann Jacob Rieter (1762–
1826) opens his first trading
establishment for foreign spices and
cotton in Winterthur.
• 1835: Diversification phase: In
addition to spinning machinery,
production of turbines, generators,
rifles, etc.
• 2020: 225 years jubilee
The world’s leading supplier of systems for short-staple fiber spinning
• Headquartered in Winterthur Switzerland
• Worldwide the only supplier for complete
systems
• 17 manufacturing locations in ten countries
• Global workforce of around 5 250
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Global Presence
North and South AmericaBrazil
São Paulo
USA
Spartanburg, USA
Africa
Europe
Switzerland
Winterthur
Horgen
Pfäffikon
Rapperswil
Belgium
Stembert
Germany
Gersthofen
Ingolstadt
Süssen
France
Wintzenheim
Netherlands
Enschede
Czech Republic
Boskovice
Ústí nad Orlicí
Spain
Barcelona (Gurb)
TurkeyAdana
Istanbul
IndiaChandigarh
Koregaon Bhima
Wing
ChinaChangzhou
Hong Kong
Shanghai
Beijing
Urumqi
Zhongshan
Asian countries*Taiwan
Taipei
Uzbekistan
Tashkent City * Without China, India and Turkey
Sales/Agents
Service
Production
Research & Development
Headquarters
Strong network in all textile-producing countries serving the global textile
markets
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Rieter Campus
Winterthur Site Development
• Rieter intends to create a modern
location in Winterthur on
approximately 30 000 square meters:
• Customer center
• Product and technology center
• Assembly
• Administration
• Planning process is ongoing
Planning in progress
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News from the Inventors of Compacting
Groundbreaking innovations for the ring and compact spinning process
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Digital Transformation in SpinningImprovement Opportunities and strengthening expertise of mill staff
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Mantra of successful Spinning
Raw material costs
Conversion costs
Yarn selling price
• Raw material utilization
• Labor costs
• Energy costs
• Capacity utilization and efficiency
• Purchasing options
• Quality & Quantity
• Changing exchange rates
• Cotton trader
• Fashion trends
• Rate of exchange
• Yarn type and quality
• Yarn trader
How to make money in spinning
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Rieter in Uzbekistan
Rieter Uzbekistan Plant
Card C70 RSB-D50 SB-D50 Ring spinning G/K
Our products
In 2011, Rieter AG has signed an agreement
with the Textile Ministry of Uzbekistan.
In March 2011, following the Presidential
Decree #1484, Rieter Uzbekistan has been
established in Tashkent as a production unit.
Rieter Uzbekistan in figures
Number of FTE 50
Average staff age 30 years
Languages spoken min 2
Machines assembled 596
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Executed orders in Uzbekistan
Fergana Global – Fergana Region Khantex – Andijan Region
• Order Value : EUR 31’344’000
• ECA covered Financing with
Promstroybank and Commerzbank
• Order value: UZS 3’4400’000’000
• Produced in Uzbekistan
• By Bank Transfer
• Order Value: EUR 21’100’000
• ECA covered Financing with NBU
and LBBW
Marketing@Sales Info . July 2019 . RMS-M
Guzor Tekstil– Kashkadarya Region Kukcha – Tashkent
• Order Value : EUR 64’308’000
• Mixed payment terms:
• Local Financing
• ECA covered Financing
• Order Value: EUR 39’534’600
• ECA covered Financing with Asaka
Bank and Commerzbank