The Schindler Group is a Swiss manufacturer of escalators, moving walkways and elevators founded by Robert Schindler and Eduard Villiger in Lucerne in 1874. With revenue of 10.88 billion Swiss Francs in 2018, the company now has over 1,000 branches in more than 100 countries and employs over 64,000 people worldwide, making it one of the most global brands in the world. Having started as a locally-based manufacturer of simple machines, urbanisation, modernisation and the demand for energy efficiency have been the key drivers in the company’s exponential growth, especially since the 1980s when it signed its first joint venture with the People’s Republic of China. In 2012, construction began on new factories in Shanghai, India, Slovakia and the U.S.A., and its products can be seen in some of the highest-profile buildings and airports in the world, where its philosophy of providing ‘smart urban solutions’ for the flow of people is best demonstrated. Forty-five per cent of its revenue comes from Europe, the Middle East and Africa, while the rest is evenly split between the Asia-Pacific and the Americas. In 1989, the company dramatically increased its presence in the United States when it acquired the Elevator/Escalator division of Westinghouse, one of the biggest manufacturers in the world at the time.
- Family name: Schindler family
- Sector: Diversified Industrial Product
- Founded: 1874
- Founder: Robert Schindler and Eduard Villiger
- Country: Switzerland
- Company headquarters: Switzerland
- Revenue: 9.4
- Employees: 56,762
- Website: schindler.com
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