If real estate development is booming, one of the ancillary industries that’s benefiting from this surge is elevators. The sector is dominated by a clutch of multinational players, including Otis, ...

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 ...

A Glasgow-based lift maintenance firm has been sold to a Finnish sector giant in a deal that is almost certain to have netted a multi-million pound windfall for its owners. Kone announced it has ...

Kone has been making people’s journeys safe and seamless since 1910. Now it’s aiming to elevate urban spaces. “We talk about thinking outside the shaft,” says Jussi Herlin, vice-chair of Finnish ...

HELSINKI (Reuters) - Elevator maker Kone (KNEBV.HE) expects its sales to grow faster than its rivals in India, where the government is trying to attract foreign investment to help expand the country's ...

The Finnish manufacturer plans to put IoT data from elevators, escalators, doors and turnstiles into the hands of service technicians in the field, so that they can respond to maintenance issues more ...

Pendergardens has awarded a contract to Kone, for the supply, installation and commissioning of elevators and escalators for Pendergardens and The Exchange property developments. Represented ...

Kone Elevator India, a wholly-owned subsidiary of Finland-based Kone Corporation, has introduced a slew of people-flow solutions to help buildings and cities be safer and healthier places to live, ...

FRANKFURT/DUESSELDORF, Germany (Reuters) - Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with ...

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.

BEIJING - Kone Oyj, a leading global elevator and escalator maker, has acquired the controlling interest in its Chinese joint venture, the company said on Tuesday. Finland-based Kone paid 950 million ...

HELSINKI, Oct 28 (Reuters) - Elevator maker Kone (KNEBV.HE), opens new tab on Thursday reported below-forecast operating profit and mounting supply chain difficulties, offsetting its forecast of ...