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

January 09, 2014

KONE Corporation, press release, 9 January 2014

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

The order includes 22 KONE MiniSpace(TM) lifts, 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 lifts and one KONE TranSys(TM) lift to further ease the flow of people and goods in the buildings. All of the lifts are equipped with KONE EcoDisc® hoisting machines which contribute to significant reductions in energy consumption.

The two skyscrapers will have more than 100,000 square metres 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 www.kone.com/press including:
- 2 January 2013: KONE acquires its Israeli distributor Isralift


About KONE
KONE is one of the global leaders in the lift and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading lifts, escalators and automatic building doors as well as innovative solutions for modernisation 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 urbanising 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.