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Wednesday, 10 January 2018

KONE wins order for WOW hotel apartments tower in Dubai

KONE OYJ    

KONE wins order for WOW hotel apartments tower in Dubai

KONE Corporation, press release, January 10, 2018


Situated in Dubai's Business Bay, a fast-developing hub of the city's residential and commercial development, the tower consists of 76 floors and reaches the height of 323 meters. KONE will be equipping the development with 16 KONE MiniSpace® elevators and 7 KONE MonoSpace® elevators. Additionally, KONE will deliver two loading bay area elevators and three disabled access platform elevators.  

"The supply of hotel rooms and hotel apartments in Dubai is expected to reach 134,000 by the end of 2018. We're excited to be part of the city's growing hospitality sector and look forward to providing premium travel experience with our equipment to the people visiting and working at the development," said Pierre Liautaud, Executive Vice President for KONE South Europe, Middle East and Africa. 

The development is designed by Aedas Architects Ltd., developed by WOW investments Ltd. and it is expected to be completed in 2020. 

The order was booked in the third quarter of 2017.

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

March 6, 2017: KONE wins order for Riyadh's metro in Saudi Arabia

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





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: KONE OYJ, PL 7, Espoo 02151, Suomi
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