Orona Elevator, Spain´s leading elevator company, is the top global leader in the elevator sector, active in more than 130 countries around the world, starting in 1964, and is the No. 1 new elevator installation in Europe as of 2023.
With more than 60 years of experience in designing, manufacturing, installing, maintaining, and modernizing elevators and escalators for all market segments, the company entered the Korean elevator market in 2020 when it joined hands with the Korean machinery company Vastek Group and established Vastek & Orona Elevator Co., Ltd.
In addition, in the same year, V&O participated in the elevator hub city project with Geochang-gun, Gyeongsangnam-do, and signed an investment contract to purchase about 20,826m2 of land, and after the construction of the new office building and factory, the completion and operation of the factory began in May 2023. Vastek & Orona Elevator Co., Ltd.´s Geochang plant will be a major driving force for the rapid development of the elevator business in Korea, and Vastek Group is still constantly challenging for a bigger leap forward.