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KONE expands its Philippine office in response to robust growth

Press Release Published 05/23/2014

KONE, a global leader in the elevator and escalator industry, is increasing its investment in the Philippines. KONE is relocating its office to accommodate its expanding operations in the market and better support its growing customer base.

“This expansion allows us to meet strong growth in the Philippines. It will enable us to respond to the demands of existing and new customers and continue providing them with a high standard of service,” says Mr. Gerard van Dijk, President for KONE’s Philippines operations, KPI Elevators, Inc.

KPI Elevators, wholly owned by KONE Corporation in Finland, is now situated at BDO Equitable Tower, in the Makati central business district. The new address puts KONE in close proximity to many of its customers and at a central location in relation to other key business and commercial areas such as Pasig, Pasay and Muntinlupa. KPI Elevators currently employs 137 personnel. An additional 51 local employees have been recruited to facilitate the company’s ongoing expansion.

Innovative solutions such as elevators with best-in-class energy efficiency have made KONE an industry forerunner for several decades. KONE People Flow Intelligence solutions like the destination operating panel aid the development of smarter cities and buildings by providing convenient and effortless user experience and enhancing security. Several major real estate developments in the Philippines feature KONE solutions.

In December 2013, Rockwell Land Corporation awarded KONE a contract to supply people flow solutions for the Lopez Tower and Museum. The installation of KONE’s energy efficient elevator design will assist the new complex pursuit of the Leadership in Energy and Environmental Design (LEED) Gold certification. In addition, the Lopez tower will be provided with KONE’s latest People Flow innovations like Remote Call™ (personalized elevator call trough end user’s smart phone) and Hybrid Destination Control (KONE’s most advanced elevator destination control system).

The Lopez Tower and Museum will be the very first in Philippines to benefit from KONE’s pioneering Hybrid destination control system. The system will be integrated with the building’s access control system and the security turnstiles in the lobby. When going through the turnstile, the end users will be automatically assigned to an elevator, with the pre-programmed users’ destination floor ready-to-go.

For further information, please contact:
Jove Xu, Marketing and Communications Manager, Southeast Asia, KONE Pte Ltd tel. +65 6424 6246, jove.xu@kone.com

Previously published press releases are available at www.kone.com/press including:
April 14, 2014: KONE wins an order for a multiuse complex in District 8 in Jakarta's financial center in Indonesia
January 15, 2014: KONE elevators and escalators to enable smooth people flow at Manila Bay Resorts casino and hotel in Philippines
October 1, 2013: First KONE UltraRope(TM) installed at Marina Bay Sands, Singapore in time for the World Architecture Festival

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE'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. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com

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