China
KONE Providing 51 Elevators and More to New Development in Hangzhou
KONE has been tapped to provide a range of People Flow® solutions, including 51 MiniSpaceTM and 12 MonoSpace® elevators, to Zhejiang University Alumni Headquarters Economic Park in Hangzhou, East China,...
Schmidt Elevator Expands Presence, To Sign Agreement
Chongqing, China’s Schmidt Elevator Co., Ltd. has been actively expanding its domestic and international market presence this year, according to Yang Guang, vice president of Schmidt Elevator (Chongqing), iChongqing reports....
119 Exhibitors From 13 Difference Countries Expected at GEE in Milan
Organizers of the inaugural Global Elevator Exhibition (GEE) on November 15-17 at Fiera Milano (Rho) in Milan, Italy, expect to welcome 119 exhibitors from 13 different countries — including Türkiye,...
Otis China Contracts Highlighted During 3Q Earnings Call
Two major contracts in China were among those highlighted by Otis President and CEO Judy Marks during a 3rd Quarter 2023 earnings call on October 25. In the Hong Kong...
KONE Reports Boost in Q3 Orders from China
KONE reported better than expected new orders for the third quarter, boosted by strong momentum in Chinese orders, Reuters reports. The company, which makes around a third of its sales...
KONE President and CEO Role To Transition From Ehrnrooth to Delorme
Finland-based KONE announced on October 25 the president and CEO role will transition on January 1, 2024, from Henrik Ehrnrooth to Philippe Delorme. Ehrnrooth will continue as an executive advisor...
Multiple People Killed, Injured in China Elevator Accident
Three people were killed, four were seriously injured and another 13 sustained minor injuries when an elevator plunged from the fourth floor to the first floor at a commercial complex...
Schindler Raises 2023 Revenue and Net Profit Forecast
Swiss elevator maker Schindler lifted its 2023 revenue and net profit forecast on October 19, saying its services business continued to grow while new installations declined less than the market,...
Anlev Completes Acquisition of Two U.K. Lift Companies
Anlev Elevator Group, the lift, escalator and moving walk brand of Hong Kong-headquartered Analogue Holdings Ltd., announced on October 18 it completed two acquisitions of U.K. companies, furthering its global...
UKCW Birmingham Sees Record Attendance
The U.K.’s largest event for the built environment, UK Construction Week (UKCW) Birmingham, made a welcome return to the NEC, with attendance up 8% year on year, attracting 24,377 visitors...
