Schindler announces price increase in Europe

July 07, 2008 | by Schindler

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July 07, 2008, Schindler, the elevator and escalator company, responds to continuing increases in the price of fuel and other commodities and specialty metals.


Following the announcement of price increases in North America and Asia-Pacific, Schindler is to increase Europe-wide the price of all its elevators, escalators, moving walks and modernisations by approximately six percent (6.0%). The increase, which is effective immediately, is due to the continuing escalation of fuel prices, and soaring price increases for commodities and specialty metals, which impact Schindler’s costs for manufacturing and transportation.

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Source: Schindler, Press release