KONE Corporation, press release, March 15, 2019

KONE, a global leader in the elevator and escalator industry, has won an order to modernize the elevators at 14 metro stations of the MTR (Mass Transit System) system in Hong Kong, China.

The MTR system includes 93 stations and 68 light rail stops and has an average weekday patronage of about 5.8 million passengers. KONE will supply 26 KONE MonoSpace® machine-room-less elevators to replace existing hydraulic passenger elevators at 14 stations of the transport network.

'Hong Kong's MTR system is widely considered as one of the best urban transit systems in the world. I am proud that our solutions, which demonstrate the knowhow KONE has gained from demanding infrastructure projects around the globe, will enhance the journeys of the city's commuters and visitors,' said William B. Johnson, executive vice president for KONE Greater China.

The project is one of MTR Corporation Ltd's asset replacement programs.

KONE booked the order in the fourth quarter of 2018.

For further information, please contact:
Hanna Rutanen, Director, External Communications, KONE Corporation, tel. +358 41 5071361, media@kone.com

Read more
Previous press releases are available at http://www.kone.com/en/news-and-insights/releases/ including:
August 30, 2018: Another metro win for KONE in China with deal to equip Wuxi Metro line 3
July 10, 2018: KONE wins order for 107 escalators and elevators for Ningbo Metro Line 4 in China
June 5, 2018: KONE improves the flow of urban life in China with three new metro line wins

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 2018, KONE had annual net sales of EUR 9.1 billion, and at the end of the year over 57,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com

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Kone Oyj published this content on 15 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 March 2019 08:53:01 UTC