KONE
Japanese OEM Fujitec Exploring Sale to Private Equity
Japanese OEM Fujitec is in talks with private equity groups, including Sweden’s EQT, about a potential sale of its approximately US$2.1-billion elevator and escalator business, the Financial Times reports. The...
KONE Elevator India Expands With a New Office in Kerala
KONE Elevator India has announced the opening of its new office in Thiruvananthapuram, Kerala, India, CXOtoday.com reports. The new office, located on Ulloor-Akkulam Road, will cater to KONE India’s existing...
KONE’s Third Quarter Profit Below Expectations Due to China Slump
KONE will focus on modernizing and servicing existing lifts as it sees no end to China’s construction slump and has reported third-quarter profit below expectations, Reuters reports. China — the...
KONE Elevator India Launches New Office Space
KONE Elevator India has announced the expansion of its footprint in Udaipur, Rajasthan, India, with the launch of a new office space, Realty+ reports. Strategically located at Sobhagpura, Udaipur, this...
Red Dot Award Competition Adds Sustainable Design Category
The international Red Dot Award competition has launched a new product design meta-category: sustainable design, which focuses on sustainable and responsible product design. Through January 31, 2025, designers and companies...
Fujitec UK Names Burchett Major Projects Director
Fujitec UK announced that Paul Burchett has been named its major projects sales director. "Paul is very well known throughout the industry and is incredibly diligent in everything he does,"...
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 Announces Promotion of Margot Taylor
KONE announces that Margot Taylor has been promoted to vice president, Strategy & Corporate Development – Americas, and joins the KONE Americas Leadership Team. In this role Taylor will focus...
KONE Announces Ambitious New 2025-2030 Strategy “Rise”
On September 19, KONE announced its ambitious new 2025-2030 strategy, "Rise," with which it aims to lead in employee and customer experience, sustainability, innovation, growth and profitability. Effective January 1,...
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...
