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@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
