KONE wins an elevator order for a green office building in City of London

July 23, 2012

KONE Corporation, press release, July 23, 2012

KONE has won an order to deliver 31 eco-efficient elevators to 5 Broadgate, a new office building under construction in City of London, the main financial district of London, UK.  KONE's solutions will ease the People Flow® of the employees and visitors when it is completed at the end of 2014.

The order includes 24 KONE MiniSpace® elevators, of which 10 will be of a special scenic design. To ensure smooth people and goods flow, the office building will also house five KONE MonoSpace® Special elevators and two additional bottom drive MiniSpace elevators which will be dedicated to carrying freight. The KONE E-link traffic monitoring system will ensure a high service level of the equipment.

 All the elevators will be equipped with the energy-efficient KONE EcoDisc® hoisting machine, which is 50-70% more efficient than elevators that use conventional lifting technologies. The compact machine rooms will be in varying locations to suit the building designs and the strict restrictions on central London Planning.

"We are pleased to work with partners who share are our passion for green buildings while making no compromises in creating an excellent people flow experience," says Ari Lehtoranta, EVP and Area Director of KONE Central and North Europe.  "We are proud to be associated with British Land again and look forward to the joint collaboration on this sustainable building project."

The office building is currently being developed as a joint venture between British Land and Blackstone. Other partners include Make Architects and Mace as the management contractor, 5 Broadgate aims to achieve an 'Excellent' BREEAM green building rating. The order was booked in the third quarter of 2012.

British Land is also behind another current KONE London project, The Leadenhall Building.

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

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 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com