, logo = Logo-schindler.png , logo_size = 200px , image = SchindlerTestTowerHeadOfficeEbikon.jpg , image_size = 250px , image_caption = Schindler Test Tower at the Head Office in Ebikon, Switzerland , type =

Public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...

(''

Aktiengesellschaft (; abbreviated AG, ) is a German word for a corporation limited by share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equ ...

'') , traded_as = , industry = Vertical transportation , genre = , foundation = , founders = , location_city =

Ebikon Ebikon is a municipality in the district of Lucerne in the canton of Lucerne in Switzerland. History Ebikon was first mentioned during the late 9th Century as ''marcha Abinchova''. Geography Ebikon has an area of . Of this area, 38.4% is used f ...

Canton of Lucerne The canton of Lucerne (german: Kanton Luzern rm, Chantun Lucerna french: Canton de Lucerne it, Canton Lucerna) is a canton of Switzerland. It is located in the centre of Switzerland. The population of the canton (as of ) is . , the population ...

, area_served = Worldwide(Except Japan because the

Minato Ward 2006 elevator accident The Minato Ward 2006 elevator accident was an incident in June 2006 which shook Japanese public confidence in the safety of elevators around the country. In June 2006, in Minato, Tokyo, a 16-year-old high school student was killed by an elevator ...

) , key_people = Silvio Napoli (

Chairman & CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

) , products =

Elevator An elevator or lift is a cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or decks of a building, vessel, or other structure. They ...

Escalator An escalator is a moving staircase which carries people between floors of a building or structure. It consists of a motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep the step tread horizo ...

s, Moving walkways , revenue = (2021) , operating_income = (2021) , net_income = (2021) , assets = , equity = (2021) , num_employees = 69,015 (December 2021) , parent = , subsid = Atlas Schindler Brasil, Villarta Brasil , Schindler Elevator Corporation , location_country =

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

, homepage = Schindler Holding Ltd. is a Swiss multinational company which manufactures

escalators An escalator is a moving staircase which carries people between floors of a building or structure. It consists of a Electric motor, motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep the st ...

moving walkways A moving walkway, also known as an autowalk, moving pavement, moving sidewalk, people-mover, travolator, or travelator, is a slow-moving conveyor mechanism that transports people across a horizontal or inclined plane over a short to medium distan ...

, and elevators worldwide, founded in

in 1874. Schindler produces, installs, maintains and modernizes lifts and escalators in many types of buildings including residential, commercial and high-rise buildings. The company is present in over 140 countries and employs more than 66,000 persons worldwide. The production facilities are located in

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...

Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

and the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

. All operations and subsidiaries of Schindler Group are organised into Schindler Holding Ltd. (german: Schindler Holding AG, french: Schindler Holding S.A.), which is publicly traded on

SIX Swiss Exchange SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives suc ...

History

The company was founded in

Lucerne Lucerne ( , ; High Alemannic: ''Lozärn'') or Luzern ()Other languages: gsw, Lozärn, label= Lucerne German; it, Lucerna ; rm, Lucerna . is a city in central Switzerland, in the German-speaking portion of the country. Lucerne is the capital o ...

, 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 Reuss may refer to: * Reuss (surname) *Reuss (river) in Switzerland *Reuss (state) or Reuß, several former states or countries in present-day Germany, and the Republic of Reuss * Reuss Elder Line and Reuss Younger Line The Principality of Reus ...

in Lucerne for the production of lifting equipment and machines of all types. Starting as an

agricultural machinery Agricultural machinery relates to the mechanical structures and devices used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that ...

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 Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constitu ...

in 1906. Schindler produced ammunition during

World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...

. The company's first escalator was installed in 1936, and in 1937 it established a branch in Brazil. Following

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...

Schindler became a global group and diversified its operations, manufacturing

construction cranes A crane is a type of machine, generally equipped with a hoist rope, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It is mainly used for lifting heavy objects and transporti ...

, engines,

pumps A pump is a device that moves fluids (liquids or gases), or sometimes slurries, by mechanical action, typically converted from electrical energy into hydraulic energy. Pumps can be classified into three major groups according to the method they ...

and

railroad car A railroad car, railcar (American and Canadian English), railway wagon, railway carriage, railway truck, railwagon, railcarriage or railtruck (British English and UIC), also called a train car, train wagon, train carriage or train truck, is a ...

s. In 1980 it became the first Western company to establish a joint venture with a

state-owned enterprise A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governmen ...

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 Morristown () is a town and the county seat of Morris County, in the U.S. state of New Jersey.Otis Elevator Co.,

ThyssenKrupp ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg a ...

Kone Kone Oyj (; officially stylized as KONE and trading as KONE Corporation) is an elevator engineering company employing over 60,000 personnel across 60 countries worldwide. It was founded in 1910 and is now headquartered in Espoo near Helsinki, ...

, and Mitsubishi Elevator Europe were fined by the

European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are located primarily in Europe, Europe. The union has a total area of ...

for a price-fixing

cartel A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Mos ...

. 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.

References

External links

* {{Authority control 1970s initial public offerings Companies listed on the SIX Swiss Exchange Elevator manufacturers Escalator manufacturers Manufacturing companies of Switzerland Manufacturing companies established in 1874 Multinational companies headquartered in Switzerland Swiss brands Swiss companies established in 1874

History

See also

References

External links