Germany
WEEF Holds Second In-Person Meeting in Frankfurt
The World Elevator and Escalator Federation (WEEF), founded in 2019, held its second in-person meeting in Frankfurt, Germany, on April 7. The first meeting took place in Shanghai in 2023....
TKE Considering US$22.7-Billion IPO in U.S. in 2026
Germany’s TK Elevator (TKE), the fourth-largest elevator maker in sales behind U.S.-based Otis, Switzerland’s Schindler and Finland-based KONE, is considering an initial public offering (IPO) in the U.S. in 2026, Reuters reports....
Wittur Group Welcomes Schürholz as CFO
Wittur Group, with global headquarters in Germany, recently welcomed Markus Schürholz as its new chief financial officer (CFO). Schürholz has more than 30 years' experience in various finance departments at...
Ziehl-Abegg Reports Bright Outlook for 2025
Ziehl-Abegg reported revenues of EUR893 million (US$966 million) for 2024, a drop of roughly 7% compared to the previous year. The downturn was particularly pronounced in Germany, where revenues declined...
Elevator Incident in Munich Leaves Woman Injured
An incident recently occurred in Munich, Germany, where an 82-year-old woman sustained serious injuries after becoming trapped in an elevator, The Munich Eye reports. Reports indicate that the woman fell while attempting...
Henning Welcomes Markowski as Global Sales Director
Germany-headquartered Henning GmbH & Co. welcomed Gero Markowski as its new global sales director earlier in March. Markowski's experience includes serving as executive director of sales and marketing for steel...
Germany Event to Mark Magazine’s 50th Year With Forum and Networking
The trade magazine liftreport will celebrate its 50th anniversary during the liftdialog innovation forum on May 20-21 in Dortmund in the heart of Germany’s Ruhr region. On the first day, participants are set...
Altherr Appointed New CEO at Ziehl-Abegg
Künzelsau, Germany-headquartered Ziehl-Abegg SE announced it has appointed Marco Altherr as its new chief financial officer (CFO). Ziehl-Abegg Supervisory Board Chairman Dennis Ziehl said Alterr is a "highly qualified financial...
Heilbronn Elevator Days Planned on March 11-12
The Heilbronn Technical Academy plans the 42nd Heilbronn Elevator Days on March 11-12 at the Harmonie congress center in Heilbronn, Germany. Over the years, the event has established itself as a meeting point...
KLST Acquired by Private-Equity Firm Mition
Mition GmbH Mitelstandsbeteiligungen (Mition), a private equity firm focused on succession solutions for companies, acquired the well-established provider of elevator control systems, switchgears and components for elevators, Detlef Klinkhammer Steuerungen...
