Home » Business News » 2014 » January » January 9, 2014

KONE to supply elevators to two office towers in Tel Aviv, Israel

January 9, 2014 - London

KONE Corporation, press release, January 9, 2014

KONE has received an order to supply 32 elevators to B.S.R. Center TLV, a pair of 40-story office buildings in Tel Aviv, Israel. The two skyscrapers, located in Tel Aviv's new business center, will rise up to a height of 165 meters.

The order includes 22 KONE MiniSpace(TM) elevators, of which ten will have a top travel speed of 7 m/s. For the low rise section, KONE will deliver nine KONE MonoSpace® 700 elevators and one KONE TranSys(TM) elevator to further ease the flow of people and goods in the buildings. All of the elevators are equipped with KONE EcoDisc® hoisting machines which contribute to significant reductions in energy consumption.

The two skyscrapers will have more 100,000 square meters of Grade A office space above a commercial street level, as well as five underground levels of parking. Designed by BLK Architects, the developer is BSR Group and the main contractor is Ashtrom Construction and Engineering Ltd. Construction is expected to be completed in 2016.

The order was booked in the third quarter of 2013.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775

Previous press releases on KONE's orders are available at including:
- January 2, 2013: KONE acquires its Israeli distributor Isralift


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 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KONE Oyj via Globenewswire



Comment on this story