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KONE wins order for an infrastructure project in Zhengzhou, China's Henan province

PR-Inside.com: 2017-12-22 07:04:02

KONE Corporation, press release, December 22, 2017

KONE Corporation, a global leader in the elevator and escalator industry has won the order to supply 96 elevators and escalators for an infrastructure project in Zhengzhou comprising of underground highways, a civic cultural center and the extension of the city's metro line 5.

Located in central China, the city of Zhengzhou is home to approximately 9.72 million people. Once completed, the KONE equipment will be used by millions of commuters every day. The complex includes six underground stations.

KONE will provide the complex with 79 KONE TransitMaster(TM) escalators, 11 KONE MonoSpace® elevators and 6 KONE MiniSpace® elevators for the parking lot and car depot at the metro line 5 project.

"Zhengzhou is one of China's best connected cities and a major transportation hub. We're proud that our solutions are playing a key role in serving the needs of this rapidly growing city," says William B. Johnson, Executive Vice President for KONE Greater China.

The complex is designed by Beijing Urban Construction Design & Development Group Co., Limited, and developed and built by ZhengZhou Rail Transit Co.The project is due for completion in 2019.

The order was booked in the third quarter of 2017.

Previous press releases are available at www.kone.com/press including:

October 25, 2016: KONE wins order for China's Xi'an Metro Line 4
August 26, 2016: KONE wins order for new main line of Chongqing metro in China
January 11, 2016: KONE wins order for expansion of Zhengzhou's metro

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330, media@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




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