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KONE wins order to equip second phase of Finland's West Metro extension

KONE Corporation, press release, September 24, 2018

KONE, a global leader in the elevator and escalator industry, has won an order to supply elevators and escalators for the second phase of one of Finland's biggest infrastructure projects, the West Metro extension in the Helsinki metropolitan area. KONE also delivered solutions for the first phase of the project, where the metro line was extended westward from Helsinki into the neighboring city of Espoo. The second phase will add a further seven kilometers of metro line and five new underground stations on the Espoo side of the line.

KONE will deliver 27 KONE MonoSpace® elevators, four new-generation KONE inclined elevators, and 42 KONE TransitMaster(TM) 140 escalators to West Metro. All the equipment has been designed for heavy public transport use, and the elevators can also be used in case of fire.

"Many of the technical requirements of the West Metro are not visible to passengers. The elevators and escalators are visible, and they are an important part of the metro journey, the customer experience and accessibility at the stations," says Länsimetro Oy Chief Executive Officer Ville Saksi.
Länsimetro Oy is the main developer of the project.

The West Metro will also use the cloud-based KONE 24/7 Connected Services maintenance solution. Utilizing the IBM Watson built on IBM Cloud platform and other advanced technologies, it monitors, analyzes and displays in real time vast amounts of data gathered by sensors connected to elevators and escalators. This means less equipment downtime, fewer faults, and the availability of detailed information on maintenance work.

"Thanks to our newest solutions, we can offer increasingly better value to the West Metro and increasingly smoother people flow for the people using the metro. We are pleased to be able to use the know-how gained through our extensive experience of major infrastructure projects around the world at the new West Metro stations," says Thomas Hinnerskov, executive vice president, KONE Central and North Europe.

The installation of elevators and escalators is scheduled to begin at the end of 2019. The second phase of the new metro line is expected to be completed during 2023.

KONE booked the order in the third quarter of 2018.

For further information, please contact:
Hanna Rutanen, Senior Manager, Communications, KONE Corporation, tel. +358 41 5071361, [email protected]

Read more
KONE 24/7 Connected Services: http://machineconversations.kone.com

Previous press releases are available at http://www.kone.com/en/news-and-insights/releases/ including:
August 30, 2018: Another metro win for KONE in China with deal to equip Wuxi Metro line 3
July 10, 2018: KONE wins order for 107 escalators and elevators for Ningbo Metro Line 4 in China
May 25, 2012: KONE wins order for Finland's largest infrastructure project

About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2017, KONE had annual net sales of EUR 8.9 billion, and at the end of the year over 55,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

This announcement is distributed by West Corporation on behalf of West Corporation 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

Copyright © Thomson Reuters 2018. All rights reserved.
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