An old tower used to test elevators will see new life under a new business in Moline. City council approved leasing the former KONE tower to a different elevator company. HYPRLIFT, an elevator company ...

Kone's Q3 financial results looked solid, with nice improvements in profitability. Looking at the different business segments of Kone reveals a picture of a company moving at two different velocities.

Kone’s KNEBV sales came in at EUR 2.55 billion in the first quarter of 2023, a 5.9% organic and 4.7% reported increase. Orders received declined by 5.1% organically year on year, as the macroeconomic ...

LISLE, Ill.--(BUSINESS WIRE)--KONE, a global leader in the elevator and escalator industry, has acquired Capitol Elevator, a Sacramento, California-based elevator service business. This strategic ...

Kone's Q3 results show strong performance in service and modernization businesses, but a soft market for new business solutions. The decline in the Chinese construction sector poses a risk to Kone's ...

Oct 25 (Reuters) - Finnish elevator and escalator maker Kone (KNEBV.HE), opens new tab reported on Wednesday better-than-expected new orders for the third quarter, boosted by strong momentum from its ...

April 26 (Reuters) - Finnish elevator maker Kone (KNEBV.HE), opens new tab raised its 2023 sales outlook on Wednesday after its first-quarter profit beat market expectations supported by strong demand ...

Key opportunities in the smart elevators market include growing demand for energy-efficient and AI-based systems, increased high-rise building construction, adoption of touchless and digitally ...