Thus, Schindler’s revenue halved in 2014 compared with RON111.6 million in 2011.

In 2014, the company’s net profit was at RON6.8 million (nearly EUR1.5 million), down 5% from a year before. The highest profit was in 2009, at RON18.9 million.

Schindler Romania employs 134 people and has installed over 3,000 elevators and escalators on the local market since its setup in 1999.

The company’s competitors in Romania are Elmas Brasov and IFMA Bucuresti, next to the local units of Germany’s ThyssenKrupp, Finland’s Kone and US’ Otis, while the maintenance and services sectors has 200 competitors.

Schindler group was founded in Switzerland in 1874 and ensures transportation for one billion persons worldwide/day.

(English version by Manuela Panescu)