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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. [8] Since 2011, Schindler have sponsored Solar Impulse, a solar-powered aircraft. [9]
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The SMI MID (SMIM) is a stock index which lists Switzerland's mid-cap companies. The index is calculated by SIX Swiss Exchange. [1]It includes the 30 Prime Standard shares from sectors that rank immediately below the companies included in the Swiss Market Index.
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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.
History portal; 1970s portal; This category is for companies that had their initial public offering in the decade 1970s. 1920s; 1930s; ... Schindler Group; Siemens ...
After returning 43% in 2023, the tech-centric index is up roughly 30% in 2024. History suggests the rally will likely continue into 2025. ... The stock has gained 26,920% over the past decade ...
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.