IRO AB

IRO AB is active in two fields

IRO AB

Textile products with the
brand name IRO

IRO AB

Motor and electronic products with the brand name Aros electronics

IRO Milestones

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The Rosen tape, the world’s first positive yarn feeding system.
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Introduction of the SFS, the first storage feeder for knitting machines.
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Hailed the debut of the first weaving feeder, the SFW with revolving spool-body.
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The 8007 series, the first weft feeder equipped with microprocessor control and “straight through” yarn path.
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IRO acquired Memminger GmbH and centralised the development and production of knitting products to Dornstetten in Germany.
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The group was further strengthened by the acquisition of the Italian weft-feeder producer ROJ Electrotex.
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Operation in China started.
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The IRO group was acquired by Van de Wiele, the worlds leading producer of carpet weaving machines.
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The introduction of the X2 range, including permanent magnet motor technology – the most advanced weft-feeding system on the market.
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The first serially produced permanent magnet motors delivered to customers outside of the textile field
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The introduction of the XD X2 range, customised weft-feeders supplying unique solutions for demanding applications.
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The Chrono X3 and the XD X3 series are introduced into the market.
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IRO AB and AROS ELECTRONICS AB merge into one business unit with three divisions; Industrial Division, Vehicle Division and Textile Division.
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60 years

Certificates

Sustainability Policy

Code of Conduct

IRO AB operations are based on close, long‐term relationships with customers, suppliers and other business partners, and we seek to be perceived as a credible, long‐term and reliable partner. Our business shall be conducted in line with the principle of long‐term, soundly‐based development. As well as being subject to business economic requirements, goals and guidelines, our business activities shall also be conducted in accordance with strict criteria in terms of integrity and ethics. We therefore attach great value to acting in a professional, honest and ethically correct manner. We support the UN’s Global Compact (www.globalcompact.org), the ILO’s Core Conventions (www.ilo.org) and the OECD’s Guidelines for Multinational Enterprises (www.oecd.org).

Our Code of Conduct is based on the principles in those documents. The Code applies not only to our own operations but also to our relationship with our suppliers of products and services. Our ambition is to work with our suppliers toward the goals of achieving positive change. Our long‐ term aim is to ensure that all suppliers to our companies live up to the Code. However, we appreciate that certain adjustments take time. At the same time, we expect a continuous striving for improvement.  As a minimum, we observe all applicable laws and regulations and where necessary will also introduce standards in accordance with this Code, where laws and regulations do not align with the Code’s objectives. We expect that in their operations suppliers maintain knowledge of and as a minimum requirement observes national legislation in the countries where they conduct their business.
Responsibility for ensuring that day‐to‐day operations are managed in accordance with our Code of Conduct rests with the CEO.

We shall provide a healthy working environment, physically and socially, and shall strive to be an attractive employer with regard to the personal development of our employees. Relationships with and between employees shall be based on mutual respect and dignity, and shall also provide reasonable degree of influence in areas affecting the working situation of the individual. We require suppliers to respect basic human rights and to ensure that employees are treated in accordance with the ILO’s Declaration on Fundamental Principles and Rights at Work (www.ilo.org).

We seek a constant improvement in health and safety in the workplace and work to provide our employees with a safe working environment. IRO AB will as a minimum strictly observe national laws and/or collective bargaining agreements. Suppliers shall as a minimum observe applicable laws and regulations concerning the working environment and working conditions. We also demand that our suppliers prioritize the health and safety of their employees and furthermore expect that suitable provision is made for safety, that equipment and buildings are safe and that hazardous materials and waste are dealt with safely.

The terms and conditions of employment, including financial compensation and working hours, that are offered to our employees shall at least meet the minimum requirements of national legislation, or shall accord with relevant standards in the locations where we conduct business. Suppliers shall apply working hours and pay wages and overtime compensation at least in accordance with national laws and agreements, or in accordance with standard practice in local industry.