KONE

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 to Provide Elevators for High-Rise Mumbai Complex

KONE announced on January 28 it received an order to provide 21 passenger elevators for Aga Hall Estate in Mumbai, India, which consists of 45- and 56-story towers containing 349...

KONE Australia Debuts High-Rise MiniSpace DX in Melbourne Building

KONE Australia has introduced the High-Rise MiniSpace DX with the cutting-edge solution debuting in BLVD, the third tower of OSK Property’s Melbourne Square precinct, currently under construction by Multiplex, Inside Construction reports....

VT Industry Players to Be On Hand at MIPIM 2025 in France

Several major vertical-transportation (VT) industry players plan to be on hand for MIPIM (Le marché international des professionnels de l'immobilier, French for "The International Market for Property Professionals") on March 11-14 at...

KONE VT for Resort and Commercial Hub in Cambodia

KONE announced on January 9 it was awarded a comprehensive vertical-transportation (VT) contract by Chinese foreign-investment firm Peninsula Bay Investment Co., Ltd., to provide a suite of People Flow® solutions to...

KONE Launches High-Rise MiniSpace DX Elevator in India

Days after launching it in Southeast Asia, KONE launched its High-Rise MiniSpaceTM DX elevator in India on December 13. The elevator caters to the trends of building taller and modernizing existing...

KONE Wins Order for New World’s Tallest Residential Building

KONE Corp. has won an order to provide a suite of People Flow® solutions for the world’s tallest residential structure, called Burj Binghatti Jacob & Co. Residences. KONE’s order comprises next-generation...

KONE Providing Elevators for New Hospital in Sweden

KONE will equip Region Västmanland's new emergency hospital in Västerås, Sweden, with 20 elevators to ease accessibility for doctors, staff and patients in the 75,000-m2 facility, set to be inaugurated in...

KONE Interim EVP Roles to Continue Through March 2025

KONE announced on December 9 that two interim executive vice president (EVP) roles announced in December 2023 will continue until the end of March 2025. They are interim EVP for...

KONE Launches MiniSpace DX Elevator in Southeast Asia

KONE announced on December 10 the launch of its High-Rise MiniSpaceTM DX elevator in Southeast Asia. The launch is described by KONE as a timely prelude to the company’s Rise strategy,...