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Stay on Corporate siteKONE Corporation, press release, April 6, 2016
The Shanghai Metro opened in 1993 and has expanded rapidly with some nine million people now traveling on its 14 lines every day. Line 5 was opened in 2003 and its existing stations are all above ground. In the new southern extension, four of the nine new stations will be underground.
"We are very excited to be involved in this expansion of the Shanghai Metro, one of the busiest rapid rail networks in the world," said William B. Johnson, Executive Vice President for KONE Greater China. "We are proud to offer our people flow solutions to help smoothen the journey for Shanghai's commuters."
KONE has previously provided elevators and escalators to six stations in the extension of Shanghai Metro Line 3.
The developer of the project, estimated to be completed by the end of 2017, is Shanghai Rail Transit Line Five South Extension Development Co., Ltd.
The order was booked in the first quarter of 2016.
Previous press releases are available at www.kone.com/press
including:
January 11, 2016: KONE wins order for expansion of Zhengzhou's
metro
January 11, 2016: KONE to provide elevators for high-end residential
towers in Liuzhou, China
January 11, 2016: KONE wins major order for Nanjing's Kingfine
Center
For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358
204 75 4330 media@kone.com
About KONE
KONE is one of the global leaders in the elevator and
escalator industry. KONE'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. KONE provides
industry-leading elevators, escalators, automatic building doors
and integrated solutions to enhance the People Flow in and between
buildings. KONE's services cover the entire lifetime of a building,
from the design phase to maintenance, repairs and modernization
solutions. In 2015, KONE had annual net sales of EUR 8.6 billion,
and at the end of the year close to 50,000 employees. KONE class B
shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com