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    KONE to equip a five-star hotel and commercial complex in Sihanoukville, Cambodia

    KONE Corporation, press release, 9 January 2025 [Photo: © Peninsula Bay Investment Co., Ltd.] KONE Corporation, a global leader in the elevator and escalator industry, has won an order to provide a suite of People Flow® solutions for the Peninsula Integrated Resort by Chinese foreign investment firm, Peninsula Bay Investment Co., Ltd. Constructed in Sihanoukville – a popular tourist destination in Cambodia’s Preah Sihanouk province – the development contributes to broader efforts to strengthen the country’s image as an economic hub. Once completed in 2026, the mega mixed-use

    KONE to equip world’s tallest residential-only building in Dubai

    KONE Corporation, press release, 17 December 2024 KONE Corporation, a global leader in the elevator and escalator industry, 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. Rising over 100 storeys in Dubai’s financial center, the Business Bay area, the development will meet the demand for high-end apartments while offering future occupants with an ultra-luxurious living experience. As the name implies, the Burj Binghatti Jacob & Co Residences is constructed in

    KONE to equip Region Västmanland’s new emergency hospital in Västerås, Sweden

    KONE Corporation, press release, 12 December 2024 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to provide a suite of People Flow® solutions for Region Västmanland’s new emergency hospital in Västerås. Built by the Nordic construction company NCC, the new facilities are expected to help address the future healthcare needs of the local people. Once inaugurated in 2029, the new emergency hospital complex will encompass about 75,000 square meters in Västerås. It will feature operating rooms, radiology, an emergency clinic, maternity

    Update on the KONE Executive Board: interim EVP roles for Europe and Strategy & Transformation organizations will continue until the end of March 2025

    KONE Corporation, stock exchange release, December 9, 2024, at 9.30 a.m. EET  Update on the KONE Executive Board: interim EVP roles for Europe and Strategy & Transformation organizations will continue until the end of March 2025 Nicolas Alchal, interim Executive Vice President for the Europe organization, and Kaori Uehigashi, interim Executive Vice President for the Strategy & Transformation organization, will continue in their current roles until the end of March 2025. The originally planned duration for these interim positions will therefore be extended by three months. Karla

    KONE Corporation’s long-term incentive plan: transfer of shares and change in holding of treasury shares

    KONE Corporation, stock exchange release, December 3, 2024, at 10.00 a.m. EET KONE Corporation’s long-term incentive plan: transfer of shares and change in holding of treasury shares The Board of Directors of KONE Corporation has on 23 October 2024 decided, based on the authorization given by the company’s annual general meeting in 2024, on a directed share issue without consideration to pay the share reward under the company’s Restricted Share Plan 2023. In the share issue on 3 December 2024, KONE Corporation has assigned a total of 1,478 KONE class B shares held by the company to

    KONE awarded Gold Medal for sustainability excellence by EcoVadis

    KONE Corporation, press release, December 2, 2024 KONE Corporation, a global leader in the elevator and escalator industry, has been awarded a Gold Medal in the EcoVadis 2024 sustainability assessment, ranking among the top 5% of the over 130,000 companies evaluated and in the top 1% in its industry*. KONE has been assessed by EcoVadis annually since 2018, with gold or above ratings each year. The sustainability assessment evaluates sustainability performance in four categories: environment, labor and human rights, ethics, and sustainable procurement. “We are proud to be

    KONE to modernize Saudi Arabia’s King Fahd International Airport with a suite of people flow solutions

    KONE Corporation, press release, November 27, 2024 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to provide a suite of people flow solutions for the modernization of the King Fahd International Airport (KFIA) also known as Dammam International Airport, Saudi Arabia. Managed and operated by Dammam Airports Company (DACO), the project has an instrumental role in redefining the travel experience for more than 11.4 million passengers per year. DACO’s modernization efforts at KFIA are particularly significant when viewed against its

    KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

    KONE Corporation, stock exchange release, November 13, 2024 at 5:30 p.m. EET KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 KONE Corporation has received an announcement from BlackRock, Inc. on November 13, 2024, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.  According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds increased to above five (5) per cent of the share capital of KONE Corporation on November 12, 2024.  Total position of BlackRock, Inc.

    KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

    KONE Corporation, stock exchange release, November 12, 2024 at 5:00 p.m. EET KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 KONE Corporation has received an announcement from BlackRock, Inc. on November 12, 2024, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.  According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds fell below the threshold of five (5) per cent of the share capital of KONE Corporation on November 11, 2024.  Total position of

    KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

    KONE Corporation, stock exchange release, November 4, 2024 at 07:00 p.m. EET KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 KONE Corporation has received an announcement from BlackRock, Inc. on November 4, 2024, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.  According to the announcement, the total number of KONE Corporation shares owned by BlackRock, Inc. and its funds increased to above five (5) per cent of the share capital of KONE Corporation on November 1, 2024.  Total position of BlackRock, Inc.

    Financial reporting schedule of KONE Corporation in 2025

    KONE Corporation, stock exchange release, October 24, 2024 at 8.45 a.m. EEST Financial reporting schedule of KONE Corporation in 2025 KONE will publish financial reports in 2025 as follows: Financial Statements Bulletin for 2024                                   January 30, 2025 Annual Review 2024 incl. Financial Statements                    February 12, 2025 Interim Report for January-March 2025                                 April 30, 2025 Half-year Financial Report for January-June 2025                July 18, 2025 Interim Report for January-September 2025

    Interim Report of KONE Corporation for January–September 2024

    KONE Corporation, stock exchange release, October 24, 2024 at 8.30 a.m. EEST Interim Report of KONE Corporation for January–September 2024 Continued strong growth in Service and Modernization July–September 2024 · Orders received grew by 4.4% to EUR 2,076.6 (7–9/2023: 1,989.9) million. At comparable exchange rates, orders grew by 5.5%. · Sales grew by 0.1% to EUR 2,753.6 (2,749.9) million. At comparable exchange rates, sales grew by 1.1%. · Operating income (EBIT) was EUR 319.4 (316.5) million or 11.6 % (11.5 %) of sales. The adjusted EBIT was EUR 319.4 (315.9) million

    KONE publishes January-September 2024 Interim Report on Thursday, October 24, 2024 at 08:30 a.m. EEST

    KONE Corporation, press release, October 10, 2024 at 2.00 p.m. EEST KONE publishes January-September 2024 Interim Report on Thursday, October 24, 2024 at 08:30 a.m. EEST Interim ReportKONE Corporation will publish its Interim Report for the January 1–September 30, 2024 accounting period on Thursday, October 24, 2024 at 08:30 a.m. EEST. The report will be available on www.kone.com after publishing. Press and analyst eventsA Microsoft Teams call for the press, conducted in English, will be held on Thursday, October 24, 2024 at 09:00 a.m. EEST. Journalists are kindly asked to sign

    KONE hosts its Capital Markets Day tomorrow, September 27, 2024, in Helsinki

    KONE Corporation, press release, September 26, 2024 at 7.00 p.m. EEST KONE hosts its Capital Markets Day tomorrow, September 27, 2024, in Helsinki KONE hosts its Capital Markets Day for institutional investors and analysts in Helsinki tomorrow, September 27, 2024. The Capital Markets Day presents KONE’s new strategy called ‘Rise’ for 2025-2030. The new strategy was released last week, please find the press release here . President and CEO Philippe Delorme: “

    KONE announces its new ambitious strategy for 2025-2030

    KONE Corporation, press release, September 19, 2024 KONE Corporation, a global leader in the elevator and escalator industry, announces its new strategy called “Rise” for 2025–2030. With this new strategy, KONE aims to lead in employee and customer experience, sustainability and innovations, as well as growth and profitability. To reach this ambition, KONE has defined four strategic shifts: 1) Accelerate digital to fundamentally transform how KONE does service; 2) Drive modernization to unleash growth opportunities; 3) Win residential to lead in the industry’s largest

    KONE to initiate a review of its Door Business

    KONE Corporation, press release, September 10, 2024 KONE Corporation, a global leader in the elevator and escalator industry, plans to initiate a review of its Door Business to assess its optimal structure and synergies, including a potential sale of the business. The review aims to evaluate the best environment for growing the business in a way that benefits its customers, employees, and other stakeholders. As part of this, KONE is considering incorporating the Door Business under its own legal structure. KONE Door Business provides maintenance, repair, modernization, and

    KONE to equip the supertall “Hainan Center” skyscraper in South China

    KONE Corporation, press release, August 14, 2024 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply a suite of people flow solutions for the Hainan Center (formerly “Haikou Tower”). The development takes place in the heart of the new Central Business District in Haikou, the capital city of Hainan, which is a tropical island in the South China Sea.    Towering at a height of 428 meters, the Hainan Center is projected to become the tallest freestanding structure of Hainan and the sole supertall skyscraper above 400 meters in a

    KONE to equip eight stations along the new Line S2 of Nanjing metro in East China

    KONE Corporation, press release, July 30, 2024 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply a suite of people flow solutions for the new metro line S2 on the Nanjing to Ma’anshan intercity rail in East China. The delivery includes 69 KONE TransitMaster™ 140 escalators along eight stations. Upon opening in 2025, S2 will play a key role in driving further regional economic integration between the Jiangsu Province capital, Nanjing, and the city of Ma’anshan in the neighboring province of Anhui. By linking two different

    Half-year Financial Report of KONE Corporation for January–June 2024

    KONE Corporation, stock exchange release, July 19, 2024 at 8.30 a.m. EEST Half-year Financial Report of KONE Corporation for January–June 2024 Solid order growth in three of the four geographical Areas, margin improvement continued April–June 2024 · Orders received grew by 2.3% to EUR 2,327.6 (4–6/2023: 2,275.5) million. At comparable exchange rates, orders grew by 3.6%. · Sales declined by 1.2% to EUR 2,801.0 (2,835.9) million. At comparable exchange rates, sales declined by 0.1%. · Operating income (EBIT) was EUR 334.7 (283.2) million or 11.9% (10.0%) of sales. The

    KONE to equip 2 Finsbury Avenue dual high-rise towers in the City of London

    KONE Corporation, press release, July 18, 2024  KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply 31 elevators and three escalators for the 2 Finsbury Avenue (2FA) high-rise project at Broadgate – the largest pedestrianized neighborhood in the City of London.    2FA by British Land is an office-led, mixed-use development consisting of the 36-story East Tower and the West Tower at 21-stories, linked by a central 12-story podium. The project will create a new benchmark for highly sustainable workspace in central London with

    KONE publishes January-June 2024 Half-year Financial Report on Friday, July 19, 2024 at 08:30 a.m. EEST

    KONE Corporation, press release, July 5, 2024 at 9.30 a.m. EEST KONE publishes January-June 2024 Half-year Financial Report on Friday, July 19, 2024 at 08:30 a.m. EEST Half-year Financial ReportKONE Corporation will publish its Half-year Financial Report for the January 1-June 30, 2024 accounting period on Friday, July 19, 2024 at 08:30 a.m. EEST. The report will be available on www.kone.com after publishing. Press and analyst eventsA Microsoft Teams call for the press, conducted in English, will be held on Friday, July 19, 2024 at 09:00 a.m. EEST. Journalists are kindly asked

    KONE 4G Gateway wins coveted Red Dot Award for Product Design 2024

    KONE Corporation, press release, June 25, 2024 KONE, a global leader in the elevator and escalator industry, has won the prestigious Red Dot Award for Product Design 2024 in the Industrial Equipment, Machinery and Automation category. The commendation was received for the KONE 4G Gateway elevator connectivity device, honoring the company’s commitment to innovation, sustainability, and user-centric design capabilities. Manufactured by KONE with KONE China & Asia Technology of Kunshan, China, 4G Gateway is a new-generation data terminal for easy installation in narrow spaces,

    KONE to modernize the elevators at the Thirty High office skyscraper in Central London

    KONE Corporation, press release, June 6, 2024 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to modernize the Thirty High skyscraper (formerly “Portland House”) in Central London with a suite of people flow solutions. The refurbishment of Thirty High by Landsec will be net zero in both construction and operation, while simultaneously reimagining an iconic landmark from the 1960s into a modern office-led, mixed-use development. Standing 101 meters tall, Thirty High bears a resemblance to the iconic MetLife building in New York.

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