On June 22, while unveiling the world’s first ropeless and sideways-travel elevator system at its 246-m-tall test tower in Rottweil, Germany, elevator maker thyssenkrupp announced that OVG Real Estate will be the first to install the system.
Looking to realign its presence in Europe following the U.K.’s Brexit vote on June 23, India-based steel producer Tata Steel is in talks with German-based ThyssenKrupp AG and the British government about a possible joint venture for the European market.
The first ropeless, tall-building elevator—a compact, lightweight system that mimics a subway line on end—is set to enter the testing and certification stage in early 2017.
