Germany-based Trevira GmbH - a company of the India-based Reliance Group and a manufacturer of high-value branded polyester fibers and filament yarns for the apparel, home textiles and automotive industries as well as hygiene and technical applications - has begun restructuring after experiencing a severe decline in sales caused by the global economic crisis. Reliance Group has appointed Elke Bäuerle managing director to head the restructuring.

"It is now our task to maintain Trevira's sound and profitable core," Bäuerle said. "Trevira has good products and is fundamentally competitive."

May 19, 2009