Finland
Bucher Hydraulics Acquiring Finland’s Hydman Oy
Bucher Hydraulics, the Germany-based global provider of innovative hydraulic drive and control technology for applications including elevators, announced on November 13 it is acquiring Hydman Oy, based in Tampere, Finland....
KONE Hosts Capital Markets Day in Helsinki
KONE hosted its Capital Markets Day for institutional investors and analysts in Helsinki on September 27. During Capital Markets Day, KONE presented its new strategy called “Rise” for 2025-2030. A...
KONE To Initiate Review of Its Door Business
Finnish OEM KONE announced on September 10 it will initiate a review of its door business, including a potential sale. Aimed at achieving the best business environment for growing the...
CTBUH 2024 International Conference Attendees Include VT Experts
The Council on Tall Buildings and Urban Habitat (CTBUH) has released a list of the nearly 800 people planning to attend the CTBUH 2024 International Conference in London and Paris...
Schindler To Showcase Innovations at MIPIM in Cannes
Schindler, a Silver sponsor alongside Green Building Initiative® of the MIPIM® conference at the Palais de Festivals Cannes in Cannes, France, says it is excited to return to France to...
KONE Participates in “Decarbonization Catalyst” Workshops
Finnish OEM KONE recently participated in a series of workshops that brought together members of the Nordic Superblocks as Decarbonization Catalysts consortium (NSDC) to brainstorm innovation opportunities and consolidate more...
KONE Expects Stable or Slightly Higher Sales This Year
KONE expects 2024 sales to remain stable or grow slightly in 2024 as weak consumer sentiment continues to hinder sales in China — representing about a third of the company's...
Finland Participates in COP28 With Its Own Pavilion For First Time
Finland, a leader in the race toward carbon neutrality, participated in the 2023 United Nations Climate Change Conference, commonly known as COP28, at Expo City in Dubai on November 30-December...
KONE Completes Sale of Russian Division, Leaves Country
Finnish elevator maker KONE has completed the sale of its Russian operations to S8 Capital, a Russian holding company that has acquired assets from several departing Western firms, Reuters reports....
KONE President and CEO Role To Transition From Ehrnrooth to Delorme
Finland-based KONE announced on October 25 the president and CEO role will transition on January 1, 2024, from Henrik Ehrnrooth to Philippe Delorme. Ehrnrooth will continue as an executive advisor...
