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Schindler Holding AG

Regulatory Filings Jul 12, 2023

966_iss_2023-07-12_d486d7fe-2f45-45b6-a2d4-ab0b149b6697.html

Regulatory Filings

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Schindler Holding AG / Key word(s): Incoming Orders

Schindler continues to elevate Masar Giga-Project in the Saudi Arabian city of Makkah

12.07.2023 / 06:30 CET/CEST


Schindler will provide 150 additional elevators and escalators to the latest development phase of Masar, the urban destination in the city of Makkah. The mixed-use development, which includes hotels, restaurants, and shops, will cover an area of 1.2 million square meters.

Schindler will build on its partnership with Umm Al Qura for Development & Construction company, providing 150 units for the latest phase of Masar, the urban giga-project located in Makkah. These will include 44 Schindler 7000 elevators, 65 Schindler 5500 elevators, 36 Schindler 9300 escalators, and 5 platform elevators – helping to transport people and goods through the shops and restaurants at street level, and to the hotels above.

Schindler R.I.S.E, the Robotic Installation System for Elevators, will be deployed for the installation of all the Schindler 7000 elevators – marking its first mission in Saudi Arabia. Schindler R.I.S.E can autonomously operate around the clock, drilling and setting anchor bolts – improving the quality and speed of construction, as well as safety on-site.

At ground level, Masar will be a pedestrian zone offering a safe and enjoyable visitor experience by eliminating motorized traffic. “This is an impressive large-scale project that will enhance the urban quality of life for all visitors,” says Julio Arce Hamelink, responsible for Europe South, Middle East, and Africa on Schindler’s Group Executive Committee. “We’re proud to assist our customer and be involved in the development of Masar, providing our expertise and innovation to help ensure the project’s success.”

About Schindler

The Schindler Group was founded in 1874 in Switzerland and is one of the leading global suppliers of elevators, escalators, and associated services. Every day, Schindler moves 1.5 billion people all over the world with its mobility solutions. This success is backed up by around 70,000 employees in more than 100 countries. Schindler has set itself the long-term, scientifically based emissions reduction target of achieving net-zero emissions along the entire value chain by 2040. This is to be achieved through a 90% absolute reduction in greenhouse gas emissions in scopes 1, 2, and 3 – starting from the base year 2020 – while simultaneously working to neutralize residual emissions.

More information

Katherine Lee | Head of External Communications

Phone +41 414 45 36 11 | Mobile +41 79 712 94 99

[email protected]

Schindler Management Ltd.

Zugerstrasse 13

6030 Ebikon

Switzerland 

Tel. +41 41 445 32 32

[email protected]

www.group.schindler.com


End of Media Release


Language: English
Company: Schindler Holding AG
Zugerstrasse 13
6060 Ebikon
Switzerland
Phone: +41414453060
E-mail: [email protected]
Internet: www.schindler.com
ISIN: CH0024638212, CH0024638196
Valor: 002463821
Listed: SIX Swiss Exchange
EQS News ID: 1677837
End of News EQS News Service

1677837  12.07.2023 CET/CEST

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