KONE wins order for Goldmark City residential development in Vietnam

KONE Corporation, press release, June 17, 2016

KONE, a global leader in the elevator and escalator industry, has won an order to supply 62 elevators to Goldmark City, a new residential development in Hanoi, Vietnam.

Goldmark City occupies a prime location along Hanoi's major routes, including to the Noi Bai International Airport, the National Convention Centre and to other districts. The development is built upon almost twelve hectares of land and boasts 5,000 residential units in nine 40-story apartment buildings.

KONE will deliver 57 KONE S MiniSpace(TM) elevators that use the energy-efficient KONE EcoDisc(TM) hoisting machine, and five KONE S MonoSpace® machine room-less elevators. The KONE E-Link(TM) remote monitoring solution will be included to provide real-time equipment performance updates and enable rapid resolution deployment for optimal people flow.

"KONE is delighted to be part of this prestigious development in a key district of Hanoi, and we believe that our high quality equipment will serve everyone who visits or resides in this development," says Neeraj Sharma, Executive Vice President for KONE Asia-Pacific.

Goldmark City is developed by Viet Han Trading. The order was booked in two parts, the first in the final quarter of 2015 and the second in the second quarter of 2016.

Previous press releases on KONE's orders are available at www.kone.com/press including:
May 19, 2016: KONE wins order for twin tower development in Indonesia
August 5, 2015: KONE wins order for Sky Park, a mixed development in Cyberjaya, the "Silicon Valley of Malaysia"
April 14, 2014: KONE wins an order for a multiuse complex District 8 in Jakarta's financial center in Indonesia

For further information, please contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358 204 75 4330. media@kone.com

About KONE
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2015, KONE had annual net sales of EUR 8.6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.com