Escalators
In Memoriam: Viktor Konstantinovich Khristich
Longtime ELEVATOR WORLD Russia Correspondent Viktor Konstantinovich Khristich passed away at age 78 on October 24 after a long illness. His colleague, friend and fellow EW Russia Correspondent Yury Kireev...
Dueitt Promoted to EESF Operations and Administrative Director
Laurie Dueitt has been promoted to Elevator Escalator Safety Foundation (EESF) operations and administrative director, following celebrating 25 years as EESF program director in May. A native of Sheboygan, Wisconsin,...
KONE Completes Sale of Russian Division, Leaves Country
Finnish elevator maker KONE has completed the sale of its Russian operations to S8 Capital, a Russian holding company that has acquired assets from several departing Western firms, Reuters reports....
255 Otis VT Units for Two Prestigious India Metro Projects
Otis India announced on October 25 it has been contracted to provide 255 vertical-transportation (VT) units for the prestigious Bhopal and Indore Metro projects, the first metro lines in the...
KONE President and CEO Role To Transition From Ehrnrooth to Delorme
Finland-based KONE announced on October 25 the president and CEO role will transition on January 1, 2024, from Henrik Ehrnrooth to Philippe Delorme. Ehrnrooth will continue as an executive advisor...
Asia-Pacific Construction Buoys Otis’ 2023 Profit Outlook
Growing construction in India and the greater Asia-Pacific region are among factors that prompted Otis to raise its full-year profit forecast on October 25, Reuters is among outlets to report....
Elevated Unveils New Logo
Tampa, Florida-based Elevated Facility Services Group (Elevated), a leading provider of elevator and escalator maintenance, repair and modernization services for all types of buildings, facilities and properties, has unveiled a...
Schindler Raises 2023 Revenue and Net Profit Forecast
Swiss elevator maker Schindler lifted its 2023 revenue and net profit forecast on October 19, saying its services business continued to grow while new installations declined less than the market,...
ATTA Elevators Acquires Performance Elevator
Ontario, Canada-headquartered ATTA Elevators, a full-service independent elevator and escalator company, has announced the acquisition of Performance Elevator, a founder-run elevator service business focused on maintenance, repair and modernization across...
Anlev Completes Acquisition of Two U.K. Lift Companies
Anlev Elevator Group, the lift, escalator and moving walk brand of Hong Kong-headquartered Analogue Holdings Ltd., announced on October 18 it completed two acquisitions of U.K. companies, furthering its global...
