India
KONE-UNIDO Partnership Includes Tailored Training in India
Finland's KONE announced in September the signing of the United Nations Industrial Development Organization's (UNIDO) cooperation declaration, reinforcing its commitment to sustainable development and growth worldwide. To build awareness and...
TKE Opens New Office in Srinagar
TK Elevator (TKE) has announced the opening of its new office in Srinagar, strengthening its presence in Jammu and Kashmir, an Indian-administered union territory, APN News reports. TKE’s new office...
India’s TEA Calls for Reduced GST on Elevators
India’s Telangana Elevator Association (TEA) has appealed to the Central government to reconsider the existing 18% Goods and Services Tax (GST) on elevators, stressing that a reduction would positively impact...
Fujitec Hosts Four-Day Health and Safety Conference
Fujitec, headquartered in Shiga, Japan, reported on August 7 it hosted a global health and safety conference for field personnel over four days to promote the company mantra, "Pursuing Safety...
EQT Announces US$2.7 Billion Tender Offer To Privatize Fujitec
BPEA Private Equity Fund IX ("EQT") is set to make a US$2.7 billion tender offer to privatize Fujitec Co., Ltd., PR Newswire reports. This marks the largest sponsor-led take-private deal in Japan year-to-date and EQT's largest...
Luxury Residential Demand Soars in Dubai
A five-bedroom, full-floor apartment selling for US$47.7 million — one of the 10 most expensive apartment sales in Dubai's history — points to a larger trend of the city experiencing...
LIFTEX Attracts Record Numbers in 37th Year
LIFTEX, the triennial trade show run by the Lift & Escalator Industry Association (LEIA), attracted record attendance when it took place at London’s ExCeL from June 11-12, bringing together 4,400...
ECE Industries Celebrates 80th Anniversary
ECE Industries Ltd., a division of Birla Group, has successfully completed 80 years of excellence by providing safe, smart and sustainable mobility solutions, Realty+ reports. ECE was established in 1945...
Mayr Hosts Event at Germany HQ and Opens Spanish Subsidiary
Mayr GmbH + Co. KG hosted representatives from more than 30 countries in early April at its Mauerstetten, Germany, headquarters (HQ) to learn more about its new technologies, products and...
India’s Stag Elevators Expands to Dubai
Bengaluru, India-headquartered Stag Elevators announced it has expanded to Dubai, offering energy-efficient, custom elevators for homes, penthouses, villas and bungalows in the growing U.A.E. market. Stag founder and CEO Sai...
