Ukraine
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....
Letter From Ukraine
Magazine editor provides inside, in-depth look at the state of trade publishing and the elevator industry in her country. Until relatively recently, your author (KW) had no idea of the...
Russian Elevator Week Held in Moscow
The 11th Russian Elevator Week, organized by VDNKh and the National Lift Society, was held in Moscow on June 7-9 at the 57th Hall of the International VDNKh Fairground. The...
Increased Power Outages Cause Elevator Issues in Ukraine
Nearly 10 months into the war in Ukraine, Russia’s large-scale missile barrages, along with smaller localized attacks targeting substations, transformers and electrical nodes across Ukraine have been crippling, resulting in...
ENR Announces 2022 Top 250 International Contractors
Engineering News-Record (ENR) recently announced its 2022 Top 250 International Contractors, with major companies based in Europe, Asia, Scandinavia and North America in the top 20. Companies are ranked by...
Otis Sells Russia Business Unit to Russian Company
As the war in Ukraine continues, Otis announced in July on the company website that it sold its operations in Russia to Ice Development, a company based in Russia, CT...
Reexamining “Winds of Change”
Conflict in Ukraine casts domestic VT market in very different light. In early December 2021, a Russian writer submitted an article to ELEVATOR WORLD about the Ukraine vertical-transportation (VT) market...
Schmersal Group Stops Supply To Russia
Schmersal Group, an international leader in machine safety with a comprehensive range of safety switchgear products, has instructed its sales partner for Russia to stop the supply of safety switchgear...
Developers Promote Design For Mixed-Use Tower In Yonkers
Developers promoting a residential/commercial tower in Yonkers, New York, have released renderings of the 25-story building, New York YIMBY reports. Known as The Miroza Tower, the building will offer 250 rental units...
