Schindler Group

Schindler Group
Public
Traded as SIX: SCHN
OTC Pink: SHLAF
Industry Vertical transportation
Genre Corporate histories
Founded Lucerne, Switzerland (1874)
Founder Robert Schindler and Eduard Villiger
Headquarters Ebikon, Switzerland
Key people
Alfred N. Schindler (Chairman), Thomas Oetterli (CEO)
Products Elevators, Escalators
Revenue CHF 9,979 million (2014), Increase 5.5% from 2013
Number of employees
54 668 (March 2015)
Parent Schindler Holding
Divisions Schindler Elevator Corporation
Website www.schindler.com
Schindler Test Tower at the Head Office in Ebikon, Canton of Lucerne, Switzerland
Schindler Test Tower in Ebikon with old logo, Canton of Lucerne, Switzerland
Schindler Miconic 10 keypad. This is the version in Hong Kong.

The Schindler Group is a manufacturer of escalators , elevators and moving walkways worldwide, founded in Switzerland in 1874. Schindler produces, installs, maintains and modernizes elevators and escalators in many types of buildings including residential, commercial and high-rise buildings. The company is present in more than 140 countries and employs more than 56,000 persons worldwide.[1] The production facilities are located in Brazil, China, Slovakia, Spain, Switzerland, India and the United States.[2]

Company history

The company was founded in Switzerland in 1874, by Robert Schindler and Eduard Villiger who established the collective joint partnership Schindler & Villiger.[3] Shortly thereafter, a mechanical engineering workshop was built on an island in the river Reuss in Lucerne, Switzerland, for the production of lifting equipment and machines of all types.

Schindler founded the first foreign subsidiary in Berlin (Germany) in 1906. Thereafter, the company expanded continuously and mainly throughout Europe. In 1980 Schindler founded the first Western industrial joint venture in the People's Republic of China. With the takeover of Atlas in Brazil in 1999 Schindler became a major market player in South America.

Schindler entered the North American elevator market with the purchase of Toledo-based Haughton Elevator Company in 1979 - briefly branding their products as Schindler-Haughton. In 1989, the company dramatically increased its presence in the United States after acquiring the Elevator/Escalator division of Westinghouse, one of the largest producers of elevators and escalators at the time. Currently, Schindler Elevator Corporation, the United States operations of Schindler Group, is based in Morristown, New Jersey.[4]

In February 2007, Schindler, along with competitors Otis Elevator Co., ThyssenKrupp, Kone, and Mitsubishi Elevator Europe were fined by the European Union for a price-fixing cartel. Schindler was fined 144 million euros, or about $189.3 million US dollars.[5]

Since 2011, Schindler have sponsored Solar Impulse, a solar-powered aircraft.[6]

Acquisitions and joint ventures

Destination control systems

Schindler's Miconic 10

The company's name for their proprietary control system, was introduced in 1995. It was the industry's first example of control system now known as "hall call" destination system. The system features keypads and LED screens instead of hall button stations whereby riders enter their desired floor before entering an elevator car. The system then directs the rider to a specific elevator car, while grouping riders traveling to nearby floors together. Schindler claims this minimizes the number of stops, and decreases congestion and travel time—especially during peak traffic periods.[8] The system was continuously further developed and new functions were amended, eventually evolving in systems which guarantee highly efficient and energy-saving traffic management. Especially in high rise buildings, traffic-management systems like Miconic 10 allow building designers to maximize rentable space and transportation efficiency. Moreover, access control becomes feasible.

Schindler ID

Schindler ID is an evolution of the Miconic 10 system. It is a security system that provides customized elevator services suitable for both new and existing installations. It can divide a building into different zones with controlled access authority. It is an elevator access-control system for mid- and high-rise buildings that customizes service for each passenger using electronic identification badges.[9]

Schindler PORT Technology

In 2009, the PORT technology was launched. It centers on a Personal Occupant Requirement Terminal (PORT)- a universal communication system that is interconnected throughout the building. This communication platform makes it possible to calculate the optimal route to any destination in the building. The PORT technology is an advanced transit and destination dispaching system for buildings with special requirements regarding access, security and passenger management.[10]

Accidents

Schindler Award

Since 2003, Schindler has sponsored the "Schindler Award", a biannual prize for the design of inclusive and accessible urban areas. The competition is open to all students in their final year of study on a bachelor’s course or those enrolled on a master’s course at a European university or college of architecture. If 12 or more students from the same school apply to enter the competition, that school qualifies to participate in the schools’ competition. The Schindler Award 2010 attracted almost 1,400 participants and is therefore one of the most recognized and popular architectural competitions for students in Europe. The Schindler Award 2012, was held in Berne, Switzerland. The next competition will take place in 2014 in the city of Shenzhen, China. For the first time in history, the Schindler Award will be open for students worldwide.[15]

See also

References

  1. "Group Fact Sheet" (PDF). Schindler.com. 2014-02-14. Retrieved 2014-02-20.
  2. "About Schindler Company Facts" (PDF). Schindler.com. 2014-01-13. Retrieved 2014-01-16.
  3. Archived July 12, 2006, at the Wayback Machine.
  4. Archived September 23, 2006, at the Wayback Machine.
  5. Brand, Constant (2007-02-21). "Europeans slap $1.3 billion price-fixing fine on 5 elevator makers". USA Today. Retrieved 13 June 2012.
  6. "Main partner in Forbes". Solarimpulse.com. Retrieved 2014-02-16.
  7. "Schindler History". Schindler.com. Retrieved 2014-01-21.
  8. Archived September 2, 2007, at the Wayback Machine.
  9. "Schindler ID Individualization & access control system" (PDF). Schindler.com. Retrieved 2014-04-04.
  10. "The PORT technology". PORT. Retrieved 2014-04-04.
  11. 1 2 3 4 Ministry of Land, Infrastructure, Transport and Tourism. "Report on Elevator Accident at City Heights Takeshiba" "シティハイツ竹芝エレベーター事故調査報告書", Tokyo, 8 September 2009. Retrieved on 1 November 2012.
  12. Livedoor News シンドラー社が記者説明会 Retrieved 6 November 2012.
  13. 張田 吉昭, 畑村 洋太郎 "平塚エスカレータ首はさまれ", Retrieved on 1 November 2012.
  14. Publicity and Information Release, University of Tokyo 東京大学柏キャンパス総合研究棟のシンドラー(株)製エレベーター事故の発生について
  15. "Schindler Award 2014". Schindler.com. 2014-01-13. Retrieved 2014-01-16.
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