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Market Watch recently reported that Crocs, Inc. is planning an escalator safety awareness campaign that will be implemented over the course of the next year. The footwear manufacturer will attach hang tags on its shoes promoting the safe use of escalators and also work with organizations to support escalator maintenance and safety. The hang tags are expected to begin appearing in retail outlets before the end of this year.

For the six-month period ending June 30, KONE reported a 20% increase in orders received when compared to the same period in 2007. Net sales for the period grew 13% for the period, while operating income was 10.9% of net sales. In regards to the second quarter of the year (April-June), the company reported a 16% growth in orders received and an increase of 14% in net sales when compared to the same three months of last year. KONE noted that for purposes of comparison, it excluded the fine imposed on the company by the European Commission during January-June 2007.

According to the Azerbaijan Business Center, the Baku Metro is seeking bids for the purchase and installation of three tunnel escalators. The escalators will be installed in the Icherishakhar metro station. Their height will be 40.73 meters. Bids will be received until 5 p.m. local time on August 29. The tender procedure will be held at 3 p.m. on September 1.