Finland
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...
KONE President and CEO Henrik Ehrnrooth To Step Down
Henrik Ehrnrooth, president and CEO of Finland-based KONE, has informed the Board of Directors (BoD) he will step down in the first half of 2024, KONE announced on October 2....
KONE Showcases Robot-Elevator Integration at Copenhagen Hotel
On LinkedIn, Finland-headquartered KONE recently showcased its digital solutions that enable a service robot at a Copenhagen, Denmark, hotel to autonomously call an elevator and move from one floor to...
KONE Unveils Refreshed Brand at Global Leadership Meeting
KONE Chief Marketing Officer and Executive Vice President of Marketing and Communication Tricia Weener recently recognized the Brand Experience and Event team on LinkedIn for a successful unveiling of the...
Q1 Profit, Orders Buoy KONE Outlook
Strong modernization demand, a thriving service business and the easing of supply chain disruptions brought about by the COVID-19 pandemic contributed to Finnish OEM KONE's first-quarter (Q1) profit beating market...
Decisions Made at KONE Corp. Annual General Meeting
KONE Corp.’s Annual General Meeting was held in Helsinki, Finland, on February 28. According to the company, the meeting accomplished several items: approving financial statements, dividends and nine Board of...
KONE to Cut Up To 1,000 Jobs Globally
As part of an organizational restructuring announced on January 26 with its latest earnings, KONE said it will cut up to 1,000 jobs globally — 150 in its native Finland,...
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