Finland
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,...
KONE Receives EUR200-Million Loan to Support R&D
In December, the European Investment Bank (EIB) announced it signed a EUR200-million (US$216.4 million) loan with KONE to support R&D for more energy-efficient and intelligent elevators, escalators, moving walks, components...
KONE Reports First-Quarter Earnings, Order Intake
KONE said its overall order intake was up after it posted weaker-than-expected first-quarter core earnings and trimmed its full-year outlook on the back of supply chain constraints and a decline...
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