Key market opportunities include integrating IoT in elevator systems to enhance efficiency and user experience, and expanding presence in Saudi Arabia's burgeoning smart city projects. These trends ...

Goldman Sachs upgraded Schindler Holding to “neutral” from “sell” rating, citing significant stock underperformance over the past 12 months and an improving growth outlook. The Swiss elevator and ...

Kone is one of the four largest global elevator and escalator companies operating in a mature, consolidated, and structurally attractive industry. The company derives approximately 65% of its ...

Vertical transport reinvented the city. Now, engineers are looking sideways and digitally to create a new kind of interconnected urban area.

CHENNAI: The continuation of the conflict in the Gulf region may result in short-term liquidity and logistical issues for the country, said KONE India MD Amit G ...

Schindler will challenge any merger deal between rivals Kone and TK Elevator before antitrust authorities, ​the head of the ...

March 24 (Reuters) – Schindler would be ready to challenge a ‌merger deal between rivals Kone and TK Elevator ‌before antitrust ⁠authorities, the ⁠head of the Swiss lift maker told Reuters on Tuesday.

Featured in our GC Spotlight Series this month is Andrew Ong, Vice President of Legal & Compliance for Asia Pacific, the Middle East, and Africa (APM) at KONE. KONE is one of the world’s leading ...

Amman, Jordan —The Kingdom Health has signed an agreement with Petra Elevators Company, the exclusive authorized distributor of KONE elevators and escalators in Jordan, to deliver vertical mobility ...

Dublin, Feb. 27, 2026 (GLOBE NEWSWIRE) -- The "Smart Elevators Market Report 2026" has been added to ResearchAndMarkets.com's offering. The smart elevators market has witnessed significant growth in ...

MOLINE, Ill. — A Silicon Valley elevator startup is moving its prototype into the KONE Tower as early as next month. Moline signed a 10-year lease with Hyprlift, Inc. at the Tuesday night City Council ...

An old tower used to test elevators will see new life under a new business in Moline. City council approved leasing the former KONE tower to a different elevator company. HYPRLIFT, an elevator company ...