“KON,” a global leader in the elevator and escalator industry, has won a contract to supply 153 elevators to eight different projects for “Al-Arjan Projects” in the Kingdom of Saudi Arabia. The projects are located in Dammam, Yanbu, Riyadh, and Jubail, and include the “Suhul Strip Mall” and ”Rehab Strip Mall” shopping centers, the Green Oasis residential buildings, the Muruj apartments, and others.

“We are delighted to be working with ”Koon” on multiple projects, which reflects a wide-ranging collaboration between two companies striving to achieve the highest levels of quality and excellence,’ said Andropusnan, Portfolio Manager at Al-Arjan Projects. These projects will lead to the development of numerous residential and commercial units in the Saudi Arabian market, and we are proud to have ‘KONE’ by our side on this journey.‘

”Kon“ is one of the world’s leading companies in the elevator and escalator industry. ”Kon’s” goal is to provide the best ”people flow” (”People Flow“) by developing and delivering solutions that allow people to move seamlessly, safely, and comfortably—without waiting—within buildings, in an environment where urbanization levels are steadily increasing. ”Kon” provides elevators, escalators, and automatic doors for buildings, as well as industry-leading integrated solutions, with the aim of enhancing ”people flow” both within and between buildings. KONE’s services cover the entire life cycle of a building, from the design phase through maintenance, repair, and modernization solutions. In 2016, KONE recorded annual net sales of approximately 8.8 billion euros, and by the end of the year, the company had more than 52,000 employees. It should be noted that KONE’s Class B shares are listed on the Nasdaq Helsinki Ltd. stock exchange in Finland.