Otis Newsroom | Read the latest news releases
Otis News
Check out our latest news releases
- January 23, 2025
- DUBAI, United Arab Emirates
Sobha Realty selects Otis to supply and install 303 elevators in Dubai
READ THE ARTICLE
- January 16, 2025
- FARMINGTON, CONNNECTICUT, UNITED STATES
Otis Authorizes $2 Billion for Share Repurchase
READ THE ARTICLE
- December 20, 2024
- GURUGRAM, INDIA
Otis India Elevates Luxury Living at DLF The Arbour
READ THE ARTICLE
- December 9, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Awarded Gold Medal Sustainability Recognition from EcoVadis
READ THE ARTICLE
- December 4, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis New Equipment and Modernization Projects Win Two Industry Awards
READ THE ARTICLE
- December 4, 2024
- Kuala Lumpur, Malaysia
Otis to Equip 68-storey Dawn KLCC with Elevators in Kuala Lumpur, Malaysia
READ THE ARTICLE
- December 4, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Listed Among America’s Most Responsible Companies
READ THE ARTICLE
- November 20, 2024
- SÃO BERNARDO DO CAMPO, BRAZIL
Otis Brazil Selected to Supply Taj Home Resort Project in Vila Velha
READ THE ARTICLE
- November 12, 2024
- SHANGHAI, CHINA
Shanghai Museum of Art Pudong and Otis Create Holistic Visitor Journey with Modernized Elevators
READ THE ARTICLE
- November 6, 2024
- SHANGHAI, CHINA
Otis Electric Launches Smart Elevator for New Construction and Modernization
READ THE ARTICLE
- October 31, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.39 per Share
READ THE ARTICLE
- October 30, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Third Quarter 2024 Results
READ THE ARTICLE
- October 28, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Newsweek Names Otis one of America’s Greenest Companies for 2nd Year
READ THE ARTICLE
- October 17, 2024
- SHANGHAI, CHINA
Tianjin Metro Adds more than 350 Otis Elevators, Escalators on New Lines
READ THE ARTICLE
- October 9, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Among World’s Best Employers
READ THE ARTICLE
- October 8, 2024
- VIENNA, AUSTRIA
Otis Completes Comprehensive Elevator Modernization at University Hospital Vienna
READ THE ARTICLE
- October 9, 2024
- FARMINGTON, CONNNECTICUT, UNITED STATES
Otis Third Quarter 2024 Earnings Advisory
READ THE ARTICLE
- October 7, 2024
- SEOUL, KOREA
Otis Korea Delivers Modernization Projects for Key Global Customer
READ THE ARTICLE
- October 1, 2024
- MELBOURNE, AUSTRALIA
Otis Australia Wins Modernization Project at 101 Collins Street
READ THE ARTICLE
- September 23, 2024
- SEOUL, KOREA
Otis Korea Manufacturing & Engineering Center Obtains ISO 50001 Certification
READ THE ARTICLE
- September 10, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Recognized by Seramount as a Top Company for Executive Women
READ THE ARTICLE
- September 10, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Students to Develop Urban Mobility Solutions Using AI
READ THE ARTICLE- September 10, 2024
- TAIPEI
Otis Taiwan Completes the Acquisition of Jardine Schindler Lifts Limited in Taiwan
READ THE ARTICLE
- September 4, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Newsweek Names Otis Among World’s Most Trustworthy Companies for 2nd Year
READ THE ARTICLE
- August 28, 2024
- MUMBAI,INDIA
Otis India To Expand Bengaluru Manufacturing Capabilities
READ THE ARTICLE
- August 26, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Women on the Rise: Otis Colleagues Recognized by Paradigm for Parity®
READ THE ARTICLE- September 3, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO to Speak at Morgan Stanley Conference
READ THE ARTICLE
- August 20, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Recognized by Seramount as Leading Inclusion Company
READ THE ARTICLE- July 25, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.39 per Share
READ THE ARTICLE
- July 24, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Second Quarter 2024 Results
READ THE ARTICLE
- July 30, 2024
- SIANOŻĘTY, POLAND
Otis Elevators Integrate with Delivery Robot at Polish Hotel
READ THE ARTICLE
- July 19, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Appoints Cristina Méndez Executive Vice President & Chief Financial Officer
READ THE ARTICLE
- July 17, 2024
- SÃO BERNARDO DO CAMPO, BRAZIL
Otis Brazil Factory Receives ISO 45001 Occupational Health & Safety Management Systems Certification
READ THE ARTICLE
- July 16, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Qualifies as a ‘Best Place to Work for Disability Inclusion’ in Five Countries
READ THE ARTICLE
- July 10, 2024
- SYDNEY, AUSTRALIA
Otis Australia Wins Sydney Metro – Western Airport Project
READ THE ARTICLE
- July 10, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Second Quarter 2024 Earnings Advisory
READ THE ARTICLE
- August 6, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Wins 3 Red Dot Design Awards
READ THE ARTICLE
- June 25, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named to TIME’s Inaugural List of World’s Most Sustainable Companies
READ THE ARTICLE
- June 12, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Publishes 2023 ESG Report
READ THE ARTICLE
- June 13, 2024
- SHANGHAI, CHINA
Otis Expands Service Coverage in Shenzhen Metro to Nearly 1,000 Units
READ THE ARTICLE
- May 14, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Achieves Four Consecutive Years of “Noteworthy Company” Recognition
READ THE ARTICLE
- May 7, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Students Innovate to Improve Access to Urban Green Space
READ THE ARTICLE
- April 30, 2024
- Singapore
Otis Wins Maintenance Portfolio with SMRT Trains, Singapore’s Pioneer Rail Operator
READ THE ARTICLE
- April 29, 2024
- MUMBAI, INDIA
Otis India volunteers create urban forests of native trees and plants
READ THE ARTICLE
- April 24, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports First Quarter 2024 Results
READ THE ARTICLE
- April 23, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces 14.7 Percent Increase in Quarterly Dividend to $0.39 per Share
READ THE ARTICLE
- April 22, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Science Based Targets initiative Approves Otis Targets for Reducing Greenhouse Gas Emissions
READ THE ARTICLE
- April 10, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2024 Earnings Advisory
READ THE ARTICLE
- March 27, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named Among America’s Most Trustworthy Companies for Second Year
READ THE ARTICLE
- March 21, 2024
- TOKYO, JAPAN
Tokyo’s new city landmark Azabudai Hills adds specially designed elevators by Nippon Otis
READ THE ARTICLE
- March 13, 2024
- SÃO PAULO, BRAZIL
Otis Brazil Joins U.N. Companies with Refugees Forum
READ THE ARTICLE
- March 6, 2024
- DUBAI, UNITED ARAB EMIRATES
Otis Wins Modernization Project and 10-Year Service Contract Extension for Burj Khalifa
READ THE ARTICLE
- February 15, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Presents Medium-Term Outlook Driven by Service Momentum at 2024 Investor Day; Expects to Deliver >10% Annualized EPS Growth
READ THE ARTICLE
- February 5, 2024
- SHANGHAI, CHINA
All Otis Manufacturing Facilities in China Earn Zero Waste Certification
READ THE ARTICLE
- February 1, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.34 per Share
READ THE ARTICLE- January 31, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Among ‘World’s Most Admired Companies’ for 3rd consecutive year
READ THE ARTICLE
- January 31, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Full Year and Fourth Quarter 2023 Results
READ THE ARTICLE
- January 10, 2024
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Fourth Quarter 2023 Earnings Advisory
READ THE ARTICLE
- December 20, 2023
- BENGALURU, INDIA
Otis India Elevates Passenger Experience at Kempegowda International Airport
READ THE ARTICLE- December 19, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Debuts on Wall Street Journal’s Best-Managed Companies List
READ THE ARTICLE
- December 13, 2023
- São Bernardo do Campo, Brazil
Otis selected to modernize Elevador Lacerda
READ THE ARTICLE
- December 13, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
See how Otis modernized one of the world’s most unique metro networks
READ THE ARTICLE
- December 6, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named Among America’s Most Responsible Companies by Newsweek
READ THE ARTICLE
- December 4, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Rail Infrastructure Projects in London, Singapore Win Industry Awards
READ THE ARTICLE- November 29, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis to Host 2024 Investor Day
READ THE ARTICLE
- November 21, 2023
- SEOUL, SOUTH KOREA
Otis Korea Completes Modernization Project at Namsan Seoul Tower
READ THE ARTICLE
- November 14, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Recognized with Two Seramount Inclusive-Workplace Awards
READ THE ARTICLE
- November 9, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Commits to Setting Science-Based Targets to Reduce Greenhouse Gas Emissions
READ THE ARTICLE
- November 6, 2023
- SHANGHAI, CHINA
Otis Debuts Digital Innovation to Advance Smart Cities
READ THE ARTICLE
- November 1, 2023
- BHOPAL, INDIA
Otis India Wins Prestigious Bhopal, Indore Metro Projects
READ THE ARTICLE
- October 31, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named one of the World’s Top Companies for Women by Forbes
READ THE ARTICLE
- October 26, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.34 per Share
READ THE ARTICLE
- October 25, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Third Quarter 2023 Results
READ THE ARTICLE
- October 24, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Tom Bartlett and Jill Brannon Appointed to Otis Worldwide Corporation Board of Directors
READ THE ARTICLE
- October 12, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named One of the World’s Best Employers
READ THE ARTICLE
- October 11, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Third Quarter 2023 Earnings Advisory
READ THE ARTICLE
- October 5, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Earns EcoVadis Gold Sustainability Rating for Second Consecutive Year
READ THE ARTICLE
- October 4, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Meet the Otis ELC Scholars, The Aspiring Leaders of Tomorrow
READ THE ARTICLE
- September 29, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Named Among America’s Greenest Companies by Newsweek
READ THE ARTICLE
- September 28, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Appoints Tracy Embree President, Otis Americas and Enrique Miñarro Viseras as President, Otis Europe, Middle East and Africa
READ THE ARTICLE
- September 20, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Marks 170 Years Since First Elevator Sale
READ THE ARTICLE
- September 6, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Newsweek Names Otis Among World’s Most Trustworthy Companies
READ THE ARTICLE
- September 5, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Students Set to Develop Ideas for Improved Access to Green Space
READ THE ARTICLE- September 1, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis CEO to Speak at Morgan Stanley Conference
READ THE ARTICLE
- August 29, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
How Gen360 Sets New Standards for Safety
READ THE ARTICLE
- August 14, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Service Supervisor Uses Digital Tools to Advance Safety and Efficiency in Tough Situations
READ THE ARTICLE
- July 28, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Watch: Otis Chair, CEO & President Judy Marks goes one-on-one with CNBC’s Jim Cramer
READ THE ARTICLE
- July 27, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Declares Quarterly Dividend of $0.34 per Share
READ THE ARTICLE
- July 28, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Continues Longstanding Special Olympics Support
READ THE ARTICLE
- July 26, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports Second Quarter 2023 Results
READ THE ARTICLE
- July 18, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Improving The Next Generation’s Digital Proficiency Through Volunteerism
READ THE ARTICLE
- July 12, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Second Quarter 2023 Earnings Advisory
READ THE ARTICLE
- July 12, 2023
- BERLIN, GERMANY
Otis Inaugurates New, 8-million Euro Production Hall for Printed Circuit Boards
READ THE ARTICLE
- July 6, 2023
- SHANGHAI
Tianjin Metro’s New Line Adds Digitally Connected Otis Elevators
READ THE ARTICLE
- June 8, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Unveils Connected Gen3 Core™ Elevator for North America
READ THE ARTICLE
- May 24, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Recognized as One of ‘America’s Climate Leaders’: USA Today
READ THE ARTICLE
- May 23, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Chief Digital Officer Talks Automation at Bloomberg Event
READ THE ARTICLE
- April 24, 2023
- SEOUL, SOUTH KOREA
Otis Gen3™ Elevator Ranked 1st in Korea’s 2023 InnoStar Certification
READ THE ARTICLE
- May 3, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis is Again a DiversityInc Noteworthy Company
READ THE ARTICLE
- April 26, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Reports First Quarter 2023 Results
READ THE ARTICLE- April 25, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Announces 17.2 Percent Increase in Quarterly Dividend to $0.34 per Share
READ THE ARTICLE
- April 19, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Climate Change Brings Students Together to Focus on Mobility Solutions for the Future
READ THE ARTICLE
- April 12, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis First Quarter 2023 Earnings Advisory
READ THE ARTICLE
- April 11, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Volunteers Help Students Innovate to Reduce the Impacts of Climate Change
READ THE ARTICLE
- April 7, 2023
- BEIJING
Otis, China Soong Ching Ling Foundation Partner to Further STEM Learning
READ THE ARTICLE
- April 6, 2023
- FARMINGTON, CONNECTICUT, UNITED STATES
Otis Publishes 2022 ESG Report
READ THE ARTICLE
- April 4, 2023
- MONTRÉAL, CANADA