R&D
TKE Opens Elevator Technology Center in Germany
TK Elevator (TKE), a global leader in vertical transportation and urban mobility, has opened its new “Product Competence Center” in Esslingen, Baden-Württemberg, Germany. Spanning 33,000 m2, the center brings together...
KONE Launches Major Investment Initiative in Southern China
KONE signed an agreement with the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen, China, in late August, formalizing plans to set up its southern China headquarters (HQ)...
KONE Doubles Down on Digital Manufacturing in China
Finnish OEM KONE is implementing large-scale digital upgrades at its manufacturing facilities in China, where its production workshop in Kunshan already uses robotics to handle large items like elevator doors, Yicai...
KONE Launches Five-Year Sustainable Building R&D Program
KONE announced the launch of KONE Renaissance, a five-year R&D program for sustainable building renewal, on July 14. Its purpose is to revive existing buildings for low-emission living and working...
Hyundai Elevator Completes R&D Center With Test Tower
Hyundai Elevator, Korea’s largest elevator manufacturer, has announced the completion of its new R&D center in Chungju, North Chungcheong Province, South Korea, expanding its innovation capabilities, The Korea Herald reports. The Hyundai...
Panel Reveals Growth of Lift Industry in Turkish City
A panel titled "The place of the Konya Lift Industry in Türkiye" was organized by the Konya Elevator Panel, Chamber of Mechanical Engineers (MMO) Konya Branch and Chamber of Electrical...
Otis Dedicated to Investing in China’s Digital Future
Otis Elevator Co. says it is dedicated to enhancing R&D efforts in China to serve both local and international markets and is seeking further adoption of personalized AI solutions, Sally...
Orona Realizes Significant Growth Amid Challenges
Hernani, Spain-headquartered Orona, Europe's fifth-largest vertical-transportation (VT) provider now covering 13 countries, announced on April 11 it realized significant growth in earnings in a challenging 2024 environment. EBITDA (earnings before...
Hyundai Elevator Aspires Toward “Vision 2030” Goals
On the heels of celebrating its 40th anniversary in 2024 and relocating its headquarters to Chungju Smart Campus in 2022, South Korea-based Hyundai Elevator has its eye on becoming one...
MP Lifts Hosts MP Open Days For U.K. And Ireland Professionals
MP Lifts organized the MP Open Days event for consultants, construction project managers and lift companies from the U.K. and Ireland. These seminars, held in Seville, Spain, in October, were...
