German consortium Thyssenkrupp announced the sale of 17.2 billion Euro ($18.9 billion) of the elevators production unit to the group of investors headed by direct investment funds Advent and Cinven. This will allow the company experiencing an uneasy situation to improve the financial position.

EAEC countries will establish the international companies in the area of energy accumulation, lifting equipment production, and logistic, - was said to “Izvestia” by Artak Kamalyan, the Minister for industry and agriculture of the Eurasian Economic Commission (EAEC). It is planed that the lifts will be produced under the common brand by Scherbinka elevator construction plant and Belorussian plant Mogilevliftmash. Allied products will be oriented to the domestic market, which potential is estimated in $ 3 billion, as well as for export, -  stressed the EAEC Minister.

The state-owned company increases capacities of the existing plant, plans to build a new plant as well as has acquired the rights of claim to PJSC Karacharovsky Mechanical Plant and Siblift Ltd. In future, Dom.RF could fully meet the demand of the market.

By the middle of February 2025, it is necessary to replace over 140 thousand of old elevators, said Sergey Chernyshov, a member of the Praesidium of the Public Council by the Ministry of Construction.

Dear colleagues! Merry Christmas and Happy New Year!