Escalators
Mumbai Rail Station To Receive New VT Equipment
The Mumbai Rail Vikas Corp. (MRVC) has proposed six foot overbridges (FOBs),14 escalators and four elevators for Ghatkopar station, Mumbai Live is among outlets to report. The new vertical-transportation (VT)...
KONE Reports Boost in Q3 Orders from China
KONE reported better than expected new orders for the third quarter, boosted by strong momentum in Chinese orders, Reuters reports. The company, which makes around a third of its sales...
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,...
