2011-12-29 KONE will supply People Flow to Kutuzovsky Business Center in Moscow

KONE Corporation, press release, December 29, 2011

KONE has won an order to supply 40 elevators and four escalators and supportive innovative solutions to the Kutuzovsky Business Center in Moscow, Russia. The mixed use building will house a shopping center, restaurants and a sports center on the lower two levels. The top 15 floors are reserved for residential and office use. The business center will also have an additional five underground floors for parking.

To meet the complex People Flow™ requirements of the business center, KONE created a holistic solution. The order includes 28 KONE MiniSpace™ and 12 KONE MonoSpace® elevators as well as four KONE TravelMaster™ escalators. Working together with the elevators is the KONE Polaris™ hybrid destination control system which will reduce waiting times for the office workers. There will also be 36 premium KONE Infoscreen displays installed to inform or entertain, and guide elevator passengers for smoother flow in the building. The KONE E-link traffic monitoring system will ensure a high service level of the elevators for all the visitors and residents of the building.

“We need a system that would best solve the vertical transportation needs for the Kutuzovsky Business Center and KONE was involved from the early stages to create an optimal solution,” says Denis Rybalchenko, General Director of SK Stolitsa Development, owner of the project.

“We are proud to offer our People Flow™ expertise and innovative solutions to a building with such distinct user groups,” says Maaret Heiskari, Managing Director of KONE Russia. “Excellent cooperation and our long standing relationship with all parties involved in the project, especially SK Stolitsa Development and Renaissance Construction, have led to this order.”

Kutuzovsky Business Center is expected to open at the end of 2013. The order was booked in Q4 of 2011.

For further information, please contact:

Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775

About KONE

KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company’s objective is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2010, KONE had annual net sales of EUR 5 billion and approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.