Asia

Schindler Partners With Major Global Hotel Operator

Schindler announced on September 25 it signed a Master Services and Supplies Agreement (MSSA) with Accor, a world-leading hospitality group with more than 5,600 hotel properties in 110 countries. The...

Arkel Electronic India Appoints Katti MD

Arkel Electronic India Pvt. Ltd., part of Sweden-based Innovalift Group, has appointed Vadiraj Katti as managing director (MD). With more than 35 years' leadership experience, Katti is an expert in...

KONE Appoints Wen As EVP Procurement and Board Member

KONE has appointed Michelle Wen as executive vice president (EVP), Procurement and member of the KONE Executive Board, effective August 1. In this new role, Wen will report directly to...

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...

Schmersal Group Establishes South Korea Subsidiary

The Schmersal Group has founded a new subsidiary in the Noon Square building in Seoul: Schmersal Korea Ltd. The managing director of the new subsidiary is Uwe Seeger, director, Asia-Pacific...

Innovatec India Obtains Certification For Door-Locking Devices

Innovatec India Pvt. Ltd. recently obtained certification for its landing door-locking devices for the first time, enabling CE marking in full compliance with Directive 2014/33/EU. The achievement marks a significant...

CTBUH Announces Keynote Speakers for Americas Conference

The Council on Tall Buildings and Urban Habitat (CTBUH) announced that David Gottfried, chief global impact officer at Blue Planet Systems, and Kate Simonen, founding director of the Carbon Leadership...

KONE to Cut Up To 1,000 Jobs Globally

As part of an organizational restructuring announced on January 26 with its latest earnings, KONE said it will cut up to 1,000 jobs globally — 150 in its native Finland,...

KONE Names VP For South Europe, Mediterranean Region

KONE has appointed Karla Lindahl as executive vice president for the South Europe and Mediterranean region and a member of the Executive Board. Lindahl officially engage the new position on...

Hyundai Elevator Promotes EVP Of Business Chun To CEO

The new CEO of Hyundai Elevator is Cho Jae Chun, an elevator industry executive with more than 30 years' experience who most recently served as executive vice president (EVP) of...