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Schindler Group

Schindler Group
Leadership team

Mr. Erich Ammann (Deputy CEO & Director)

Ms. Orit Gadiesh (Exec. Director)

Products/ Services
Construction, Industrial, Infrastructure, Manufacturing
Number of Employees
Above 50,000
Headquarters
Ebikon, Luzern, Switzerland
Established
1874
Company Registration
SEC CIK number: 0001446945
Net Income
1B - 20B
Revenue
Above - 1B
Overview
Location
Summary

Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It also offers digital media services for providing information, communication, and entertainment channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator landing doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; Schindler Ahead AdScreen that delivers messages on screen inside the elevator; and Schindler Ahead MediaScreen, an in-car media solution for elevators. In addition, the company provides digital services, including Schindler Ahead ActionBoard that collates all the important statistics, activities, and performance data of elevators; and Schindler Ahead RemoteMonitoring which provides information about equipment's health. Further, it offers digital solutions for transit and building management. The company provides its products and services to residential buildings, office buildings, hotels, healthcare facilities, malls and retail facilities, public transport locations, mixed-use buildings, institutional buildings, and marines, as well as stadiums, arenas, and convention centers. Schindler Holding AG was founded in 1874 and is based in Hergiswil, Switzerland.

History

The company was founded in Lucerne, Switzerland in 1874, by Robert Schindler and Eduard Villiger, who established the collective joint partnership Schindler & Villiger. Shortly thereafter, a mechanical engineering workshop was built on an island in the river Reuss in Lucerne for the production of lifting equipment and machines of all types. Starting as an agricultural machinery manufacturer, it began to manufacture elevators at the end of the 19th century.After 1901, Schindler's nephew, Alfred Schindler, expanded the company and founded the first foreign subsidiary in Berlin in 1906. Schindler produced ammunition during World War I. The company's first escalator was installed in 1936, and in 1937 it established a branch in Brazil. Following World War II Schindler became a global group and diversified its operations, manufacturing construction cranes, engines, pumps and railroad cars. In 1980 it became the first Western company to establish a joint venture with a state-owned enterprise of the People's Republic of China. With the takeover of Atlas in Brazil in 1999, Schindler became a major market player in South America.

Schindler entered the North American elevator market with the purchase of Toledo-based Haughton Elevator Company in 1979 - briefly branding their products as Schindler-Haughton. In 1989, the company dramatically increased its presence in the United States after acquiring the Elevator/Escalator division of Westinghouse, one of the largest producers of elevators and escalators at the time. Currently, Schindler Elevator Corporation, the United States operations of Schindler Group, is based in Morristown, New Jersey.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.Since 2011, Schindler have sponsored Solar Impulse, a solar-powered aircraft.In 2019, Schindler was awarded a multi-year contract to replace and install escalators in four downtown stations, for the Market Street Escalators Renovation Project of the San Francisco Bay Area Rapid Transit District.

Mission

the Schindler Group is a leading global provider of elevators, escalators and related services. Its innovative and environmentally-friendly access and transit-management systems make an important contribution to mobility in urban societies. Behind the company's success are over 60,000 employees in more than 100 countries “Leadership through Customer Service”, is the cornerstone of Schindler India`s growth strategy and which is evident with our service presence across 50 major cities which include our 14 branch offices in the country and is head-quartered in Mumbai.

Vision

Leadership through customer service. At Schindler our vision is to achieve market leadership through providing exceptional value to our customers. In addition to providing competitive products, we must deliver industry leading services and world class customer care. In order to do so our business processes must be designed to serve our customers in a hassle free and responsive manner.

Key Team

Ms. Carla De Geyseleer (Chief Financial Officer)

Mr. Gunter Schauble (Head Global Fin. & Tax and Director)

Mr. Paolo Compagna (COO & Deputy CEO)

Mr. Karl-Heinz Bauer (Chief Technology Officer)

Mr. Matteo Attrovio (Chief Information Officer)

Mr. Marco Knuchel (Head of Investor Relations)

Ms. Nicole Wesch (Head of Corp. Communications)

References
Schindler Group
Leadership team

Mr. Erich Ammann (Deputy CEO & Director)

Ms. Orit Gadiesh (Exec. Director)

Products/ Services
Construction, Industrial, Infrastructure, Manufacturing
Number of Employees
Above 50,000
Headquarters
Ebikon, Luzern, Switzerland
Established
1874
Company Registration
SEC CIK number: 0001446945
Net Income
1B - 20B
Revenue
Above - 1B