Finland

KONE Awarded EcoVadis 2024 Sustainability Gold Medal

KONE has been awarded a Gold Medal in the EcoVadis 2024 sustainability assessment, ranking among the top 5% of the more than 130,000 companies evaluated and in the top 1%...

Bucher Hydraulics Acquiring Finland’s Hydman Oy

Bucher Hydraulics, the Germany-based global provider of innovative hydraulic drive and control technology for applications including elevators, announced on November 13 it is acquiring Hydman Oy, based in Tampere, Finland....

KONE Hosts Capital Markets Day in Helsinki

KONE hosted its Capital Markets Day for institutional investors and analysts in Helsinki on September 27. During Capital Markets Day, KONE presented its new strategy called “Rise” for 2025-2030. A...

KONE To Initiate Review of Its Door Business

Finnish OEM KONE announced on September 10 it will initiate a review of its door business, including a potential sale. Aimed at achieving the best business environment for growing the...

CTBUH 2024 International Conference Attendees Include VT Experts

The Council on Tall Buildings and Urban Habitat (CTBUH) has released a list of the nearly 800 people planning to attend the CTBUH 2024 International Conference in London and Paris...

Schindler To Showcase Innovations at MIPIM in Cannes

Schindler, a Silver sponsor alongside Green Building Initiative® of the MIPIM® conference at the Palais de Festivals Cannes in Cannes, France, says it is excited to return to France to...

KONE Participates in “Decarbonization Catalyst” Workshops

Finnish OEM KONE recently participated in a series of workshops that brought together members of the Nordic Superblocks as Decarbonization Catalysts consortium (NSDC) to brainstorm innovation opportunities and consolidate more...

KONE Expects Stable or Slightly Higher Sales This Year

KONE expects 2024 sales to remain stable or grow slightly in 2024 as weak consumer sentiment continues to hinder sales in China — representing about a third of the company's...

Finland Participates in COP28 With Its Own Pavilion For First Time

Finland, a leader in the race toward carbon neutrality, participated in the 2023 United Nations Climate Change Conference, commonly known as COP28, at Expo City in Dubai on November 30-December...

KONE Completes Sale of Russian Division, Leaves Country

Finnish elevator maker KONE has completed the sale of its Russian operations to S8 Capital, a Russian holding company that has acquired assets from several departing Western firms, Reuters reports....

222 Broadway; photo © John W. Cahill for the Council on Tall Buildings and Urban Habitat

TEI Group Repositions Elevators for Major NYC Conversion

ARCHI-TREAD RELOCATING FROM N.J. TO FLORIDA

Archi-Tread Relocating From N.J. to Florida

Entrance to the Victoria Building, which was built in 1945; photo by SnowyBadger for Wikipedia

Halifax Hospital to Get Elevator Replacement, Upgrades

Stationslift Storingen, a website for reporting broken elevators, was created in response to the structural problem by wheelchair user Kasrt Lovers; image courtesy of X.

Out-of-Order Lifts at Dutch Train Stations Leave Wheelchair Users Stranded

FUJITEC EXPLAINS NEW STRATEGY CENTERED AROUND DIGITAL TWIN CONCEPT

Fujitec Explains New Strategy Centered Around Digital Twin Concept