Kone: major order for Fengdong metro in China
(CercleFinance.com) - Kone, a global specialist in the lift and escalator industry, has announced that it has won an order for 40 lifts and 104 escalators to equip a new line of the Fengdong metro, stretching over 15km and 9 stations, in China.
The contract covers the delivery of 26 MonoSpace lifts, 14 MiniSpace lifts and 104 TransitMaster escalators, and also includes a two-year standard maintenance service.
The project is expected to be fully completed by March 2023.
Despite this, the share is down a floor this morning: -0.3% as things stand.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
The contract covers the delivery of 26 MonoSpace lifts, 14 MiniSpace lifts and 104 TransitMaster escalators, and also includes a two-year standard maintenance service.
The project is expected to be fully completed by March 2023.
Despite this, the share is down a floor this morning: -0.3% as things stand.
Copyright (c) 2022 CercleFinance.com. All rights reserved.