KONE Corporation (KONE) manufactures elevators and escalators. The company’s products include elevators, escalators, automatic building doors, and monitoring and access control systems, besides solutions for modernization and maintenance that add value to buildings. It also provides various services for every phase of a building’s lifecycle such as design, construction, maintenance and modernization. KONE also supplies spare parts for elevators, escalators and other equipment. The company’s customer base includes hotels; leisure facilities; public spaces; residential, office and specialized buildings; airports; railway stations; shopping centers; medical facilities; supermarkets; and department stores. It has operations in Europe, the Middle East, Africa, Asia-Pacific and Americas. KONE is headquartered in Espoo, Helsinki, Finland.

Headquarters Finland

Address Keilasatama 3, Pl 7, Espoo, 02150


Telephone 358204751

No of Employees 63,378

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange KNEBV (HEL)

Revenue (2022) $12.4B 5.8% (2022 vs 2021)

Net Income (2022) XXX 8% (2022 vs 2021)

Market Cap* $25.9B

Net Profit Margin (2022) XXX 2.1% (2022 vs 2021)

   

* As of and is in US$

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Elevators Designing
Escalators Construction
Autowalks Maintenance
XXX XXX
XXX XXX
XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In November, the company won an order to supply a suite of People Flow solutions, including 28 KONE elevators and 228 KONE escalators, for a metro line in Chongqing, China.
2022 Contracts/Agreements In September, the company won an order to supply a suite of People Flow solutions, including 40 elevators and 104 escalators, for a new metro line in Xian, China.
2022 Contracts/Agreements In June, the company agreed to sell its business in Russia to local management.
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Competitor Comparison

Key Parameters KONE Corporation ThyssenKrupp AG Otis Worldwide Corp Schindler Holding Ltd Cargotec Oyj
Headquarters Finland Germany United States of America Switzerland Finland
City Espoo Essen Farmington Hergiswil Helsinki
State/Province - - Connecticut - -
No. of Employees 63,378 97,152 70,000 69,951 11,525
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Antti Herlin Chairman Executive Board 2003 66
Henrik Ehrnrooth Chief Executive Officer; President Senior Management 2014 53
Ilkka Hara Chief Financial Officer; Interim Leader - South Europe and Mediterranean Region Senior Management 2016 47
Maciej Kranz Chief Technology Officer Senior Management 2019 58
Tricia Weener Executive Vice President - Marketing and Communications; Chief Marketing Officer Senior Management 2021 52
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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