China
Schindler: Local Sourcing Means No U.S. Steel Tariff Hit
Paolo Compagna, CEO of Switzerland-based Schindler, told Reuters in February that most of what the company manufactures at its plants in North Carolina and Pennsylvania uses materials that are sourced and produced...
Installation Begins on CMRL Phase II Project
The Chennai Metro Rail Limited (CMRL) has begun installing escalators and elevators on the 9-km Poonamallee-Porur stretch in India as part of the phase II project, DT Next reported. According to officials,...
“Tianzun”
Outdoor panoramic lift installed at the Shenzen International Trade Building. by Guanglai Liu, Wei Che, Xiangyang Cao, Wei Shen, Bin Yu, Zhangcheng Le Zhejiang Giant M&E Co., Ltd. adheres to...
KONE’s 4Q 2024 Earnings Beat Estimate
Finnish OEM KONE posted 4th Quarter (4Q) 2024 earnings on January 30 that were above estimates and expects its adjusted profit margin to improve in 2025 and its sales to grow...
TKE Spotlights Universal Service Platform in Thailand
TK Elevator (TKE) recently spotlighted how its Universal Service platform ensures accessibility for metro and railway systems in Thailand. The OEM currently services more than 740 elevators and escalators at...
Second Lift Expo Italia Held
The second Lift Expo Italia was held in Milan, Italy, on December 4-6, 2024, by the Italian National Association of Elevator Components Industries (ANICA). Organized for the second time by...
A South China Debut
E2 Forum China successfully concludes in Shenzhen. submitted by Messe Frankfurt (HK) Ltd. Making its South China debut, E2 Forum China’s Shenzhen edition was successfully held on October 25, 2024,...
EW Announces 2025 Project of the Year Winners
ELEVATOR WORLD proudly announces the 2025 Project of the Year winners. Expert teams from Asia, Australia, Europe, the Middle East, North America and the U.K. emerged victorious by successfully completing...
KONE’s Third Quarter Profit Below Expectations Due to China Slump
KONE will focus on modernizing and servicing existing lifts as it sees no end to China’s construction slump and has reported third-quarter profit below expectations, Reuters reports. China — the...
Fujitec Receives Order for 138 Escalators for Shenyang Subway
Fujitec Co., Ltd. announced on August 6 it received an order through its Chinese subsidiary, Huasheng Fujitec Elevator Co., Ltd., to supply 138 escalators for Metro Line 3 in Shenyang,...
