Schindler Korea
Schindler Korea: $132M revenue. Verified contacts, financials & market intelligence on KR's elevator sector. Free profile on Vertisk.
0 public people · 0 tender wins · 0 verified market signals
| Country | KR |
|---|---|
| Region | apac |
| Headquarters | Former HQ: Gangnam-gu, Seoul, South Korea. Entity divested to Otis Elevator Korea in December 2025. Schindler no longer has a presence in South Korea. |
| Employees | 0 |
| Fleet (est.) | ~21,000 units |
| Reported revenue | $132,000,000 USD (FY2025) |
| Market position | Schindler Korea was DIVESTED to Otis Elevator Korea in December 2025. Schindler no longer operates in South Korea. Former operations had ~700 employees and ~€110M revenue. The divestiture followed Schindler's loss of a $213M ISDS arbitration case filed against the Korean government over its Hyundai Elevator stake. |
| Operates in | Schindler EXITED South Korea in December 2025. Business sold to Otis Elevator Korea. Schindler does not currently operate in South Korea. Former operations covered full-service elevator and escalator including new installations, modernization, and maintenance of ~21,000 units. |
| Website | https://www.schindler.com |
Related companies
- Schindler Group — divested_to
Lift procurement across Asia-Pacific
We do not yet track public procurement in South Korea. The figures below cover Asia-Pacific (AU, JP, SG), shown for comparison.
1,386 tender notices · independents hold 83.7% of named wins
- OTIS ELEVATOR COMPANY (S) PTE LTD — 2 wins
- AZIANSTOCAN SDN BHD — 2 wins
- ASPACIO DESIGN ASSOCIATES PTE LTD — 1 win
- AUTOMATIC CONTROLS AND INSTRUMENTATION PTE. LTD. — 1 win
- EVERISE CONSTRUCTION PTE. LTD. — 1 win
- CALFORDSEADEN LLP - KENT — 1 win
- CROWN EQUIPMENT PTY. LIMITED — 1 win
- G R BLACK CONTRACTING PTY LTD — 1 win
- DICE (AUST) PTY LTD — 1 win
- DING FENG FOUNDRY — 1 win
- CHIONG CONSTRUCTION PTE. LTD. — 1 win
- EXCELIFT PTE. LTD. — 1 win
By type of work
- maintenance — 13
- modernization — 9
- new install — 6
- repair — 2
Asia-Pacific by type of work
- maintenance — 13 notices
- modernization — 9 notices
- new install — 6 notices
- repair — 2 notices
Asia-Pacific market
- Companies profiled — 11
- Tender notices — 1,386
- Modernisation notices — 9
- Independents’ share — 83.7%
Schindler Group in other markets
- Schindler Group
- Schindler AB — 36 wins
- Schindler S.A. Spain — 34 wins
- Schindler Aufzüge und Fahrtreppen GmbH — 26 wins
- Schindler Deutschland AG — 25 wins
- Schindler Výtahy Czech Republic — 21 wins
- Schindler Elevator Corporation — 18 wins
- Schindler Stiegler AS — 13 wins
- Schindler N.V./S.A. Belgium — 12 wins
- Schindler Liften B.V. — 11 wins
- Schindler S.p.A. — 9 wins
- Schindler Oy — 7 wins
- Schindler Romania S.R.L. — 7 wins
- Schindler Ltd — 3 wins
- Schindler Aufzüge AG — 2 wins
- Schindler Polska Sp. z o.o. — 1 win
- Al Doha Schindler Elevators & Escalators Co. WLL
- China Schindler Elevator Co., Ltd.
- Elevadores Schindler S.A.
- Jalal Schindler Lifts & Escalators W.L.L.
- Schindler Argentina S.A.
- Schindler Bulgaria EOOD
- Schindler Chile S.A.
- Schindler Colombia S.A.S.