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Officially opens the WEE Expo 2026

TCTM – On the morning of May 20, 2026, the World Elevator & Escalator Expo 2026 (WEE Expo 2026) officially opened at the Canton Fair Complex in Guangzhou, China. The event takes place from May 20–23, 2026, bringing together manufacturers of elevators, escalators, components, auxiliary equipment, and numerous international professional organizations.

Focus

VIETNAM ELEVATOR ASSOCIATION

Vietnam Elevator Association works with China Guangri Elevator

TCTM - On June 16, 2026, at the headquarters of the Vietnam Elevator Association, representatives of the Association held a meeting with representatives of Guangri Elevator Company, China, focusing on exchanging market information and cooperation opportunities in the elevator field between the two parties.

LEGAL

Issuing a series of circulars and regulations related to elevator conformity and conformity assessment

TCTM - In the first half of April 2026, many new regulations were issued directly concerning the following issues: recognition of conformity assessment, elevator conformity declaration, and the management of quality for group 2 products and goods with potential safety risks.

BUSINESS

Inovance introduces elevator technology solutions at Elevator Talk 2026

TCTM - In the context of Vietnam's rapidly growing elevator market, at the Elevator Talk seminar: Applying Technology to Elevators, Mr. Dennis Li - Senior Product Director for the International Market of Inovance Group - introduced a series of technological solutions aimed at enhancing safety and adaptability under real-world operating conditions in Vietnam.

BUSINESS

Kone close to finalising €29bn deal to buy TK Elevator

TCTM – Kone (Finland), an elevator manufacturer, is nearing a cash-and-stock deal to acquire its competitor TK Elevator (Germany), in a transaction that could become one of the largest divestitures by private equity funds in Europe to date.

TECH-HUB