Thyssenkrupp shareholders on Friday approved a planned spin-off of its defence division, the conglomerate's latest ...

Multiple companies are working on new technology that will make escalators and elevators more space-efficient and cost-effective. Among the most eye-popping is Thyssenkrupp Elevator ’s testing ...

Dubbed Multi, ThyssenKrupp's elevator concept is cited by the firm as the world's first cable-free elevator. We're not sure about this, as electromagnetic specialist MagneMotion may have got there ...

ThyssenKrupp unveiled the MULTI system, a cable-free, horizontal-vertical elevator system at an 807 foot high test tower in Rottweil, Germany.

Elevator research and development inside the substantially complete 246-meter-tall thyssenkrupp Elevator AG test and observation tower in Rottweil, Germany, will begin next year, though the lift ...

Elevator company ThyssenKrupp announced Tuesday a smart elevator-monitoring solution called MAX. The cloud-connected service will improve ride efficiency, while also alerting building maintenance ...

FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's RAG foundation for 17.2 billion euros ...

ThyssenKrupp says that the system can increase a building's usable area by up to 25 per cent. Currently elevator-escalator footprints can occupy up to 40 per cent of a high-rise building's floor ...

Thyssenkrupp AG informed potential buyers of its elevator business that the crisis-hit firm will consider a range of bids for the unit, according to people familiar with the matter.

The troubled German company said it would sell its lucrative elevator business to a group led by Advent International and Cinven for $18.9 billion, in one of Europe’s largest private-equity deals.