Energy Efficiency

Otis Taiwan to Supply 65 VT Units for MRT Extension

Otis announced in March Otis Taiwan will supply 65 vertical-transportation (VT) units — 50 escalators and 15 Gen2® elevators — for the extension of the Kaohsiung Mass Rapid Transit (MRT) Red...

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...

Dubai’s Azizi Developments Announces KONE Partnership

Azizi Developments, a major private developer in the U.A.E., announced a strategic partnership with KONE that involves KONE providing 490 DX Class MonoSpace® elevators to multiple projects across Dubai South, outlets...

Heilbronn Elevator Days Planned on March 11-12

The Heilbronn Technical Academy plans the 42nd Heilbronn Elevator Days on March 11-12 at the Harmonie congress center in Heilbronn, Germany. Over the years, the event has established itself as a meeting point...

CTBUH 2025 Awards Program Carbon Pilot Launched

As part of its commitment to reducing carbon in the built environment, the Council on Tall Buidlings and Urban Habitat (CTBUH) has launched the CTBUH 2025 Awards Program Carbon Pilot,...

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,...

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...

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 Launches MiniSpace DX Elevator in Southeast Asia

KONE announced on December 10 the launch of its High-Rise MiniSpaceTM DX elevator in Southeast Asia. The launch is described by KONE as a timely prelude to the company’s Rise strategy,...

KONE India Launches Smart Elevator Series at ISEE Event

KONE India unveiled its I MonoSpace® SMART, KONE I MiniSpace™ and KONE A MonoSpace SMART elevators at the International Sourcing Exposition (ISEE) for Elevators in India, Realty+ reports. These models are the...