Switzerland
Schindler Cuts Revenue Guidance Due to China Market
Schindler recently announced that it has cut its revenue guidance for the year, citing a slowdown in its key China market, which the Swiss elevator and escalator manufacturer expects to...
Group in Switzerland Unveils Tallest Timber Building
The designing group Schmidt Hammer Lassen recently revealed its plan behind construction of a wood-framed building project, a 100-m residential building in Winterthur, Switzerland, that, when complete, would be the...
Schindler Announces 1Q Profits Drop But Beats Estimates
Schindler reported on April 22 a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China, according...
CEDES Acquires Industrial Door Protection Specialist VITECTOR
CEDES, a global leader in elevator sensors headquartered in Switzerland, recently announced the acquisition of the VITECTOR portfolio from Netherlands-based FRABA, in turn strengthening CEDES’ position in the industrial door...
CabSafe Passenger-Detection System Certified by Liftinstituut
In light of updated North American elevator code incorporating a requirement that approaching passengers be detected, Swiss sensor company CEDES developed its CabSafeTM system, which was recently certified by third-party...
Companies in Sweden, Switzerland grow teams.
Jødahl Named New President, CEO of Alimak Group The Alimak Group has selected Ole Kristian Jødahl to become the company’s president and CEO, the board announced in March. He will...
Plan Calls for Three Towers in Basel, Switzerland
The winning entry in a competition to design a new masterplan for Basel, Switzerland’s Nordspitze area calls for the construction of three residential high rises, dezeen reports. The plan, by...
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