Syney Germany was formerly known as Syney Bautechnische Beratung Gmbh founded by Mr. Friedrich Sytvaine and Mr. Hoffman Gaultney in Bonn, North Rhine-Westphalia. To support federal Germany in post-war urban reconstruction and urban planning. Syney was then dedicated to exploring building technology solutions. During the past 60 years, Syney persevered in R&D of advanced technology and has always been a leading player in Europe in fields of elevator technology, building technology and energy saving and optimization technology.

Based on the brand development and overall strategic planning, Syney Technologie (Deutschland) GmbH was officially upgraded to Syney GmbH; furthermore, elevator technology business in Asia-Pacific region got fully transferred to Chinese partner. Syney Elevator (Hangzhou) Co., Ltd. became the legal owner of Syney’s all elevator technology patents in China and Syney brand in Asia-Pacific region.

To extend cooperation with Syney Germany, Syney Elevator (Hangzhou) Co.,Ltd. was upgraded to Syney Electric (Hangzhou) Co., Ltd.

Syney GmbH signed a Memorandum of Cooperation for Global Licensing of Elevator Technology and Brand with Syney Electric (Hangzhou) Co., Ltd. in Dusseldorf, to transfer the brand and technology patents of Syney elevator business to Syney Electric (Hangzhou) Co., Ltd., marking the completion of Syney Electric (Hangzhou) Co., Ltd. in regard to its global strategic layout of elevator technology and brand.