KONE to provide eco-efficient elevators to the Nova, Victoria in London

January 16, 2014

KONE Corporation, press release, January 16, 2014

KONE has been awarded the contract to install 45 new elevators for Nova, Victoria, a new, mixed-use development in the heart of London's West End. It is an architecturally daring urban project that is built to cater for commercial, residential and retail use. Nova, Victoria is located on an island opposite Victoria Station and forms part of the overall revitalization of the area.

Developer, Land Securities, and main contractor on the project, Mace, chose KONE to work on their new project as a result of its performance on other iconic buildings and its eco-efficiency record. KONE will be installing 43 MonoSpace® 700 elevators which have achieved an A grade in energy efficiency according to the VDI 4707 classification, as well as a KONE TranSys® elevator and a KONE ProSpace(TM) disabled platform. The Nova Building, the residential element of Nova will feature 10 glass backed scenic KONE MonoSpace elevators. The new elevators will be fitted with KONE's Polaris® destination control system and KONE E-Link(TM) remote monitoring system to ensure high availability of the equipment.

"We are proud to have been involved in this high-profile project right from its design stages. It is a bold and striking development and we're looking forward to seeing its completion with KONE systems integrated," says Michael Williams, Managing Director of KONE Great Britain.

Development of Nova, Victoria, formerly called Victoria Circle, commenced in the summer of 2013 and is expected to complete its first phase in April 2016.

The order was booked in the fourth quarter of 2013.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775
Michael Williams, Managing Director, KONE Great Britain, tel. +44 8707748211

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernisation and maintenance. The company's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanising environment. In 2012, KONE had annual net sales of EUR 6.3 billion and around 40,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.