Finland

KONE Awarded ‘A’ Score for Climate Action From CDP

The Carbon Disclosure Project (CDP) awarded KONE an “A” for action for climate and environmental transparency. Data reported through CDP’s 2024 Climate Change questionnaire showed that KONE is among the...

KONE’s 4Q 2024 Earnings Beat Estimate

Finnish OEM KONE posted 4th Quarter (4Q) 2024 earnings on January 30 that were above estimates and expects its adjusted profit margin to improve in 2025 and its sales to grow...

KONE Awarded EcoVadis 2024 Sustainability Gold Medal

KONE has been awarded a Gold Medal in the EcoVadis 2024 sustainability assessment, ranking among the top 5% of the more than 130,000 companies evaluated and in the top 1%...

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...

CECA REACHES OUT TO MEMBERS IN LIGHT OF TARIFF UNCERTAINTY

CECA Reaches Out to Members in Light of Tariff Uncertainty

Dallas, Texas; image by Canva for Pixabay

Dallas-Based Prestige Elevator Acquires High Tech Elevator

image courtesy of KONE

KONE Awarded ‘A’ Score for Climate Action From CDP

STANNAH LIFTS ANNOUNCES NEW BRANCH MANAGERS

Stannah Lifts Announces New Branch Managers

Overview of Egypt’s NAC; image courtesy of TKE

TKE Secures Strategic Projects in Egypt’s NAC