KONE
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...
Union: BC Elevator Workers Avoid Strike, For Now
The bargaining process between the International Union of Elevator Constructors’ BC branch (IUEC Local 82) and four employers – Otis, Schindler, KONE and TK Elevator — has resumed, reports CityNews...
VT Companies Named to World’s Best Employers List
Forbes recently released its seventh annual list of the World’s Best Employers, and a number of vertical-transportation (VT) companies made the list including Otis, Schindler, Mitsubishi Electric and KONE. The...
KONE Announces Executive Board Changes
Axel Berkling has been appointed executive vice president (VP), Commercial & Operations. He will continue to be part of the KONE Executive Board, reporting to Henrik Ehrnrooth, president and CEO,...
In Memoriam: Yee Meng Foo
Yee Meng Foo, a longtime employee of KONE U.K., passed away on August 26 after a short illness. He was 71. Joining KONE U.K. in 1988, Foo was a design...
KONE Wins Order To Provide 38 Elevators to Growing Stockholm Metro
KONE announced on October 5 it has won an order to equip seven new Stockholm Metro Stations with 38 elevators. Including the Sofia Station, which will be the deepest in...
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 Confirms Participation in Inaugural GEE 2023 in Milan
On September 4, KONE confirmed its participation in the first edition of the international Global Elevator Exhibition (GEE), planned on November 15-17 at Fiera Milano Rho in Milan, Italy. The...