International News
TKE Reports Financial Results With Sales Gains Driven by EOX
TK Elevator (TKE) reported record financial results for fiscal year (FY) 2023/24 with EUR9.3 billion (US$9.6 billion) in sales and EUR1.5 billion (US$1.55 billion) adjusted EBITDA (earnings before interest, taxes,...
Year-Long Construction Closes Two Prague Metro Stations
Prague Transport Company (DPP) announced that the Českomoravská and Pankrác metro stations in Prague will close on January 6 for approximately a year for construction of extensive upgrades, reports Radio Prague...
Royal Palace of Naples Introduces Interactive Virtual Elevator Exhibit
Starting December 19, the Royal Palace of Naples in Italy is offering visitors The King’s Elevator, an interactive video installation that takes visitors through four centuries of the history of...
65 Otis Elevators for Luxury Residential Development in Gurugram, India
Otis India announced on December 18 it has been selected by DLF to provide a comprehensive vertical-transportation (VT) package for DLF The Arbour, a luxury residential development that includes five...
Alimak Invests in Robotics Technology for Building Maintenance
Alimak Group and Skyline Robotics announced a five-year exclusive agreement on December 19 to develop automated Building Maintenance Units, or BMUs, for permanent façade access. Sweden-headquartered Alimak, which also designs...
Closings for Christmas
The offices of Elevator World, Inc. will be closed on December 24 and 25 for the Christmas Holiday. They will open for regular business hours on December 26.
Second ISEE Sees Success, Upcoming Events Announced
The International Sourcing Exposition for Elevators and Escalators (ISEE) 2024, concluded on December 7 on a high note at the Bombay Exhibition Centre in Mumbai, India, the Press Trust of India reports....
KONE Launches High-Rise MiniSpace DX Elevator in India
Days after launching it in Southeast Asia, KONE launched its High-Rise MiniSpaceTM DX elevator in India on December 13. The elevator caters to the trends of building taller and modernizing existing...
KONE Wins Order for New World’s Tallest Residential Building
KONE Corp. has won an order to provide a suite of People Flow® solutions for the world’s tallest residential structure, called Burj Binghatti Jacob & Co. Residences. KONE’s order comprises next-generation...
Schindler CEO Role to Transition From Napoli to Compagna
The Board of Directors (BoD) of Schindler Holding Co. announced on December 12 it has appointed current Chief Operating Officer (COO) Paolo Compagna as CEO, effective April 1, 2025. He...
