2013-02-26 KONE wins order for Copenhagen Metro extension

KONE wins order for Copenhagen Metro extension

Press Release Published 02/26/2013

KONE Corporation, press release, February 26, 2013

KONE has won an order to provide 153 KONE TransitMaster® escalators, 42 KONE MonoSpace® Special elevators, and four KONE TravelMaster® autowalks for the extension of the Copenhagen Metro in the Danish capital. The equipment is destined for 17 new underground stations that will make up a new city circle line, Cityringen, that adds to the Copenhagen Metro's existing network of stations.
KONE's People Flow® solutions will facilitate the efficient movement of passengers in the extension, which will consist of 15.2 km of dual underground railway tunnel linking downtown Copenhagen, the so-called "bridge quarters" that surround the city center, and the independent municipality of Frederiksberg, which is located within Copenhagen's borders.
"We are extremely pleased that the Copenhagen Metro chose KONE as its supplier for this major enhancement of the Danish capital's transport network," says Ari Lehtoranta, EVP and Area Director of KONE Central and Northern Europe.
Once completed in 2018, Cityringen will expand the capacity of Copenhagen's subway system from 50 million to 130 million passengers per year. The extension is the largest construction project to be carried out in Denmark since World War Two. It has also facilitated what The Museum of Copenhagen has termed the biggest archaeological dig to be done in Northern Europe so far. Archeologists are carrying out extensive excavations for artifacts and prehistoric finds at one of the sites along the future metro line.
The order was booked in the first 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 infrastructure orders are available at www.kone.com/press including:
December 7, 2012 KONE to deliver elevators to Osto Airport in Norway
October 10, 2012 KONE to deliver eco-efficient escalators to future New York City subway station

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 approximately 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.
www.kone.com

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