#Textile processing

2022-10-13

New CFO at Coloreel as the company enters an expansion phase

Saman Khalilian has extensive experience in finance and business development from tech and growth companies, and most recently came from the role of CFO for the Ambea Group's healthcare company Klara.

To be able to grow into a company with international distribution, the embroidery technology company Coloreel has recruited Saman Khalilian as the new CFO.

Saman has a degree in electronics engineering from KTH and a bachelor's degree in economics. He will have an important role in the management team and will actively support the company by creating favourable conditions for the company's expansion phase.

"Coloreel is an exciting company with fantastic potential to take market share with its pioneering embroidery technology. With a strong patent as a foundation, combined with a great team, I am convinced that we will be able to drive growth with a sound cash flow and positive result", says Saman Khalilian.

"The company is now entering an exciting stage as it is on its way to international expansion. Saman's experience with growth companies and his ability to see the company in a broader context, both in the short and long term, will be valuable in Coloreel's continued exciting journey", says Torbjörn Bäck, CEO of Coloreel.

Saman Khalilian took over as CFO in June and will be based at the company's office at Epicenter in Stockholm

Coloreel Group AB files for bankruptcy

Coloreel Group AB, a pioneering Swedish technology company known for its instant thread dyeing technology, today announced that it has filed for bankruptcy. The decision comes after the company's inability to develop its business volume quickly enough and, related to this, secure the necessary financing.

Texprocess 2026: Automation, digitalisation and AI reshape textile processing

Investment decisions in textile processing have become increasingly complex. Rising energy prices, labour shortages and geopolitical uncertainties are forcing companies to prioritise technologies that deliver measurable improvements in efficiency and process stability. This applies not only to apparel production, but also to the processing of technical textiles and high-performance materials. Modernisation projects are therefore being evaluated more selectively – but the pressure to upgrade production systems continues to grow. Texprocess 2026 reflects this tension between cautious investment behaviour and increasing technological demand.

VANDEWIELE Group at Techtextil 2026 – Textile innovations together

The VANDEWIELEGroup will showcase its latest technologies for technical textiles at Techtextil 2026 in Frankfurt from April 21–24 (Hall 12.0, Stand C21). As a global leader in textile machinery, the group brings together specialised brands to support the evolving demands of high-performance textile applications. Visitors will discover solutions in laboratory testing, yarn joining, yarn feeding and thread tension monitoring, designed to create measurable value across the textile value chain.

LineONE – Smart performance, smart investment at Techtextil 2026

At Techtextil 2026 in Frankfurt (April 21–24, Hall 12, Booth C79), AUTEFA Solutions will present its LineONE concepts for cost-efficient nonwoven production. As a full-line supplier for nonwoven production lines, AUTEFA Solutions covers the entire process chain – from fibre opening through to web bonding. With its LineONE line concepts, the company combines proven technologies into well-balanced, cost-efficient turnkey solutions. These concepts are designed for capacity expansions, modernisation projects and new production lines, offering robust design and high flexibility for applications such as filtration, geotextiles and automotive.

EU and Australia strengthen relations with Security and Defence Partnership and Trade Agreement

The EU and Australia have today announced the adoption of a groundbreaking Security and Defence Partnership. They have also concluded negotiations for an ambitious and balanced free trade agreement (FTA) and agreed to launch formal negotiations for the association of Australia to Horizon Europe, the world's largest funding programme for research and innovation. With these steps, the EU and Australia are delivering mutually beneficial outcomes and further reinforcing their already close relations in a time of geopolitical uncertainty.