KONE wins order for Riyadh's metro in Saudi Arabia
(Thomson Reuters ONE) -
KONE Corporation, press release, March 6, 2017
KONE Corporation, a global leader in the elevator and escalator industry has won
the order to supply 418 elevators and escalators for the line 3 of Riyadh Metro
in the capital of Saudi Arabia which is commissioned by Arriyadh Development
Authority (ADA).
KONE will equip Riyadh's metro line 3 which is the longest out of the 6 lines in
the project stretching along a 41 km spread across 22 stations. The order will
comprise 262 KONE escalators and 156 KONE elevators of which 96 will be scenic.
The solutions will be equipped with KONE E-Link monitoring systems.
"Riyadh is at the center of fast-paced infrastructure developments with the
city's metro being one of the world's biggest infrastructure projects. We're
extremely proud to be partnering on this project and help fulfill the demands of
the growing commuter base," said Pierre Liautaud, Executive Vice President for
KONE South Europe, Middle East and Africa.
The line is expected to be in operation by the end of this decade.
The order was booked in the fourth quarter of 2016.
Previous press releases are available at www.kone.com/press including:
January 11, 2017: KONE wins order for Bahrain International Airport expansion
May 12, 2016: KONE to equip Middle East's biggest health campus in Adana, Turkey
April 27, 2016: KONE wins major order for Qatar's Doha Metro project
For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel.
+358 204 75 4330. media(at)kone.com
About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in
the elevator and escalator industry, KONE provides elevators, escalators and
automatic building doors, as well as solutions for maintenance and modernization
to add value to buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and reliable, in
taller, smarter buildings. In 2016, KONE had annual net sales of EUR 8.8 billion
and at the end of the year over 52,000 employees. KONE class B shares are listed
on the Nasdaq Helsinki Ltd. in Finland. www.kone.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KONE OYJ via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 06.03.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 528224
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