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from Schindler Holding AG (isin : CH0024638212)

Schindler wins The Avenues – Riyadh project, Saudi Arabia

Schindler Holding AG / Key word(s): Miscellaneous
Schindler wins The Avenues – Riyadh project, Saudi Arabia

13.08.2024 / 06:30 CET/CEST


Schindler Olayan will provide a total of 293 elevators, escalators, and moving walks to the new multi-purpose project The Avenues – Riyadh in the Saudi Arabian capital, which will cover an area of over 1.8 million square meters. 

Situated in a prime location in the north of Riyadh, The Avenues – Riyadh will, once completed, be home to the largest commercial mall in the Middle East – which alone will cover an area of 388,000 square meters – and comprise five multi-purpose towers that will house hotels, residential apartments, and offices.

Developed by Shomoul Holding, The Avenues – Riyadh seamlessly blends traditional Salmani architecture with modern design. The design of the complex has already obtained the Leadership in Energy and Environmental Design (LEED) certification by the American Green Building Council.

Schindler Olayan will provide 134 Schindler 5500 elevators (including 45 passenger elevators, 89 service elevators), one Schindler 2600 elevator, 150 Schindler 9300 escalators, and eight Schindler 9500 moving walks. All units will be cloud-connected which will allow them to be monitored 24/7. Schindler ActionBoard will provide the customer with a real-time overview of all the elevators’ and escalators’ activities, making it easier to prioritize tasks – whether it is performance-checks, planning maintenance, data-exchange or monitoring of general statistics.

“It’s a hugely impressive project that will continue to improve the quality of life for the residents of Riyadh and tourists alike,” says Danilo Calabrò, responsible for Europe South, Middle East, and Africa on Schindler’s Group Executive Committee. “The Avenues – Riyadh promises to become a hub for entertainment and tourism in the city, and our units will help to ensure an exceptional experience by allowing visitors to move quickly and conveniently throughout the complex.”

About Schindler
Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services. Schindler’s mobility solutions move more than 2 billion people every day all over the world. Behind the company's success are over 70,000 employees in more than 100 countries. Schindler is committed to reaching net-zero emissions by 2040 through a 90% absolute reduction of its greenhouse gas emissions in scope 1, 2 and 3 from a 2020 baseline as its long-term science-based emission reduction target, while working to neutralize its residual emissions.

More information
Katherine Lee | Head of External Communications
Phone +41 414 45 36 11 | Mobile +41 79 712 94 99
katherine.lee@schindler.com

Schindler Management Ltd.
Zugerstrasse 13
6030 Ebikon
Switzerland 


End of Media Release


Language:English
Company:Schindler Holding AG
Zugerstrasse 13
6060 Ebikon
Switzerland
Phone:+41414453060
E-mail:corporate.communications@schindler.com
Internet:www.schindler.com
ISIN:CH0024638212, CH0024638196
Valor:002463821
Listed:SIX Swiss Exchange
EQS News ID:1966329

 
End of NewsEQS News Service

1966329  13.08.2024 CET/CEST

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