KONE wins order for expansion of Zhengzhou's metro

KONE wins order for expansion of Zhengzhou's metro

ID: 443415

(Thomson Reuters ONE) -


KONE Corporation, press release, January 11, 2016

KONE Corporation, one of the global leaders in the elevator and escalator
industry, will outfit ten stations with its vertical transportation solutions as
the Zhengzhou metro line 1 moves into the second development phase of its
construction. The order includes 20 KONE MonoSpace® elevators and 109 KONE
TransitMaster(TM) escalators.

Once completed, millions of commuters will use the installed equipment every
day. Zhengzhou, which is a city located in the eastern-central part of China, is
home to approximately 2.6 million people.

"KONE has a long and successful track record of providing solutions for the
public transportation segment in China," says William B. Johnson, Executive Vice
President for KONE Greater China. "We are excited to be part of a project which
will facilitate the daily commute for millions of Zhengzhou's residents and
visitors."

Zhengzhou's line 1 will extend to the eastern part of the city and the trains
will carry passengers a further 5.5 kilometers, linking the Sports Centre with
two university stations, as well as connecting to metro line 6. To the west, a
further 9.6 kilometers of track will be added from Henan's University of
Technology, connecting the line to a further seven stations.

The order was booked in the fourth quarter of 2015.

Previous press releases on KONE's orders are available at www.kone.com/press,
including:
October 14, 2015: KONE wins an order for Tianjin Luneng Lvyinli, a mixed
development project in China
October 6, 2015: KONE wins impressive order for Nanjing Qing Ao Center Tower 2
July 3, 2015: KONE to equip Hangzhou's Ping An Financial Center in Zhejiang
Province, China

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel.
+358 204 75 4330. media(at)kone.com





About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's
objective is to offer the best People Flow® experience by developing and
delivering solutions that enable people to move smoothly, safely, comfortably
and without waiting in buildings in an increasingly urbanizing environment. KONE
provides industry-leading elevators, escalators, automatic building doors and
integrated solutions to enhance the People Flow in and between buildings. KONE's
services cover the entire lifetime of a building, from the design phase to
maintenance, repairs and modernization solutions. In 2014, KONE had annual net
sales of EUR 7.3 billion and at the end of the year over 47,000 employees. KONE
class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.
www.kone.com



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: KONE OYJ via GlobeNewswire
[HUG#1977850]




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Datum: 11.01.2016 - 12:03 Uhr
Sprache: Deutsch
News-ID 443415
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