Schindler Holding Net Worth is3.4 12-Month Sales Growth (%)
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Logo: image:Logo-schindler.png
Type: Public company
Traded As: SCHN, SHLAF
Genre: Corporate histories
Foundation: Lucerne, Switzerland (1874)
Founder: Robert Schindler and Eduard Villiger
Location City: Ebikon
Location Country: Switzerland
Key People: Alfred N. Schindler (Chairman)
Industry: Vertical transportation
Products: Elevators, Escalators
Revenue: Swiss Franc 8,187 million (2010), {{decrease}} 1.1% from 2009
Operating Profit: Swiss Franc 938 million (2010)
Net Profit: Swiss Franc 711 million (2010)
Total Assets: Swiss Franc 7.430 billion (2010)
Total Equity: Swiss Franc 2.819 billion (2010)
Num Employees: 43,010 (2010)
Parent: Schindler Holding Ltd
Homepage: [ The Schindler Group]
The Schindler Group was founded in Switzerland in 1874 and is a manufacturer of escalators and elevators world wide. Schindler produces, installs, maintains and modernizes elevators and escalators in many types of buildings including residential, commercial and high-rise buildings. The company is present in more than 140 countries and employs 43,000 persons worldwide. The production facilities are located in Austria, Brazil, China, France, Slovakia, Spain, Switzerland and the USA.
The company was founded in 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, Switzerland, for the production of lifting equipment and machines of all types.
Schindler founded the first foreign subsidiary in Berlin (Germany) in 1906. Thereafter, the company expanded continuously and mainly throughout Europe. In 1980 Schindler founded the first Western industrial joint venture in the People's Republic of China. With the take over 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, OH 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 Electric, 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, NJ.
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.

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Schindler Holding Latest News

Form 4 HighPoint Resources Corp For: Mar 19 Filed by: Schindler Troy L.

Wall St. ekes out gains as trade optimism pressured by defensive stocks China Said to Restart Review of Qualcomm's (QCOM) Purchase of NXP (NXPI) - Bloomberg Tesla executive Schwall joins Alphabet's Waymo Sears Holdings (SHLD) to Explore Potential Sale Of ...
Posted: May 14, 2018, 5:46 pm

Press release: Schindler brings the PORT Technology to the high seas

Carnival Horizon', Carnival Cruise Line's newest vessel, is the first ship equipped with Schindler's PORT Technology. The cruise ship has been supplied with 33 elevators and 4 escalators, installed by Schindler's specialist Marine Unit. The 16 core ...
Posted: May 8, 2018, 10:29 pm

BRIEF-Schindler Holding Q1 Net Profit Up 16.2 Pct At CHF 208 Million

Posted: April 26, 2018, 5:00 am
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