Sweden
Alimak Group Reports “Accelerating Profitable Growth”
Buoyed by acquisitions and construction- and industrial-related work, Sweden's Alimak Group reported "accelerating profitable growth" in its 4th Quarter 2022 and year-end report. Order intake increased by 53% to SEK1.39...
Nordic Lift Expo Draws More Than 500 to Stockholm Venue
More than 500 vertical-transportation (VT) industry members and clients gathered on January 31 at Scandic Infra City in Stockholm, Sweden, for the biannual Nordic Lift Expo. Organized by Oxbridge Live...
KONE to Provide 17 VT Units to New Stockholm Metro Station
KONE has been selected by NCC Sweden, general contractor for the new Hagastaden station of Sweden's Stockholm Metro, to provide a range of PeopleFlow® solutions, including 17 vertical-transportation (VT) units....
Otis, Schindler Among Forbes’ Top Female-Friendly Companies
In partnership with market research company Statista, Forbes released its World's Top Female-Friendly Companies list in November. Among the 400 recognized are U.S.-based Otis and Switzerland's Schindler, which ranked 306...
Alimak Group Names Nylund Chief Communications Officer
Alimak Group, the Stockholm, Sweden-based rack-and-pinion construction hoist specialist, has named Johnny Nylund chief communications officer, effective January 9. Nylund joins Alimak from Sweco, Europe's leading architecture and engineering company....
Alimak Group Names Nomination Commitee for 2023 AGM
Alimak Group, the construction hoist specialist headquartered in Stockholm, Sweden, on October 10 announced the appointment of the Nomination Committee for its 2023 Annual General Meeting (AGM). Tasked with preparing...
Andrén to Join Hydroware as Head of Products and Learning
Styrbörn Andrén will join Alvesta, Sweden-headquartered Hydroware as head of products and learning in January 2023 as the company gears up for expansion, Hydroware announced. One of the most prominent...
TKE Expands Sweden Footprint With Another Acquisition
Following the purchase of Sdiptech's elevator operations in Sweden last year, TK Elevator (TKE) plans to acquire Nordic Lift from Pegroco Invest, TKE announced on July 21. Focusing on the...
Alimak to Acquire Longtime Canada-Based Construction Customer
Stockholm, Sweden-based Alimak Group, a rack-and-pinion construction elevator specialist, announced on July 18 an agreement to acquire 100% of the shares of Burnaby, Canada-based Tall Crane Equipment Ltd., which has...
Acquisition Paves Way for Growth for Sweden-Based Hydroware
The acquisition of Alvesta, Sweden-based Hydroware by CapMan Buyout promises to pave the way for Hydroware — a market leader in hydraulic lift modernization — to expand beyond the Nordics...
