International News
Business Transactions
Acquisitions abound as companies make strategic moves. KONE Forms T&I Division, Appoints CTO KONE has established a Technology & Innovation (T&I) division and appointed Tomio Pihkala (ELEVATOR WORLD, November 2013),...
A look at Europe as Interlift takes place mid month.
U.K. Firm Reflects on European Industry Lift and Escalator Jobs (LEJ) of the U.K. reported in August that the vertical-transportation industry is “thriving,” pointing to the fact that this year’s...
Array of construction projects around the world generates work for OEMs, distributors, suppliers and architects.
Schindler Wins Largest-Ever Contract in Myanmar Schindler has been awarded a 103-unit contract to supply the vertical-transportation system for the mixed-use, multiple tower Times City, scheduled for completion in 2017...
Jobs and Joint Ventures
There’s a new player in Scandinavia; established players win major contracts in London and Mexico City. Fermator/Hissmekano Joint Venture Struck Fermator Group and Hissmekano AB have, in their words, “signed...
Industry Company Activity
Reorganization, partnerships, new facilities, awards and more take place around the world. ThyssenKrupp Elevator Combines Business Units ThyssenKrupp Elevator announced in the spring that it would be reducing its business...
Experienced industry men hired at European firms.
Sematic Appoints Executives Italy-based Sematic Group announced appointments to its top management positions in April, naming Stefano Socci as CEO and Francesco Spotorno as chief financial officer. Before joining Sematic,...
Company News
Announcements from industry companies range from expansions to position appointments. Wittur Announces Test Tower, Plant Expansion, Book Wittur has announced a new test tower at its production facility in Zaragoza,...
Business News from around the World
Transition, forecasting and kudos mark buzzing activity. Böhnke + Partner under New Management Dipl.-Ing. Uwe Wiemer has become works manager of Böhnke + Partner Steuerungssysteme GmbH. Based in Bergisch Gladbach,...
Companies on the Move
An Australian firm reinforces its commitment to safety, shares are acquired, experts are hired, and a U.K. company moves into a new location. Bain Announces Wittur Acquisition Bain Capital Europe...
Business News from around the World
A shakeup among U.K. firms headlines a section including Chinese market news and the founding of a magazine by a major OEM. Lerch Bates and MovvéO in the U.K. Lerch...
