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Otis wins record award in Europe

Otis Elevator Company, the world’s largest elevator company, won a contract valued at $74 million with ECE Europa Bau– & Projektmanagement GmbH to supply and install elevators, escalators and moving walkways for 19 shopping centers planned throughout Europe. This is Otis' largest contract in Europe. ECE, the leading developer of urban shopping centers in Europe, is developing the 19 centers in Austria, Bulgaria, Czech Republic, Hungary, Poland, Romania, Russia, Switzerland, Turkey and Ukraine. The majority of the units Otis will provide consist of escalators and Gen2 machine-roomless elevator systems with flat belt technology. The Gen2 elevator's patented flat, polyurethane-coated steel belt requires no additional lubrication, making it more efficient and cleaner for the environment. In addition, the Gen2 system incorporates gearless permanent magnet motors, reducing energy usage by up to 50 percent compared to conventional systems.



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