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Schindler Holding Ltd. [2] is a Swiss multinational company which manufactures escalators, moving walkways, and elevators worldwide, founded in Switzerland in 1874. Schindler produces, installs, maintains and modernizes lifts and escalators in many types of buildings including residential, commercial and high-rise buildings.
In 2005, Schindler acquired the Hontz Elevator Company [1] after a brief legal battle with the German authorities over the registration of the company name. [citation needed] The court held that the Hontz Elevator Company had been established in the 19th century by Karl Hontz (then under the title Die Hontz Aufzugfirma) according to a folder of documents that had previously surfaced in the ...
As of 2018 the largest non-financial companies in terms of annual revenue were Glencore, Vitol and Trafigura, with Nestlé as the largest employer. The largest banks were UBS and Credit Suisse, and the largest insurance company was Zurich Insurance Group.
The Schindler Group took the "Wagi" over completely in 1960, and integrated the company into the group as a subsidiary company. [2] When the Swiss rolling stock manufacturing industry was restructured in 1980–1981, SWS changed its rolling stock specialisation to component manufacturing, as well as alterations and revisions.
Westinghouse expanded into the elevator business, establishing the Westinghouse Elevator Company in 1928; it sold its elevator business to Schindler Group (forming the Schindler Elevator Corporation) in 1989. Throughout the decade, diversification engendered considerable growth; sales went from $43 million in 1914 to $216 million in 1929.
From around 1981, SIG focused in the railway segment on the production of bogies as part of a division of labour with other Swiss railway manufacturers such as the Schindler Group (Schindler Waggon, Schweizerische Wagons- und Aufzügefabrik AG Schlieren-Zürich) and Flug- und Fahrzeugwerke Altenrhein. These bogies can still be found in many ...
Competitors ThyssenKrupp, Schindler Group, Otis Elevator Co., and Mitsubishi Elevator Europe were also given similar fines. [citation needed] Kone has appealed against the size of the fine, currently 142 million EUR. In total, the industry received a 1 billion EUR fine for cartel activity across Belgium, Germany, Luxembourg, and the Netherlands ...
Sersa Group: Industrials Transportation services Neuchâtel: 1948 Railtrack construction and maintenance P A SGS: Industrials Business support services Geneva: 1878 Inspection, verification, testing and certification services P A Sigg: Industrials Containers & packaging Frauenfeld: 1908 Bottle manufacturer P A Sihltal Zürich Uetliberg Bahn ...