KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance.
The company’s objective is to offer the best People Flow™ experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2014, KONE had annual net sales of EUR 7.3 billion and at the end of the year over 47,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.
KONE’s history of innovation is one of the company’s success factors. KONE has always provided a systematic and long-term investment into its R&D capabilities. In its striving towards serving customers to perfection, KONE explores technologies in other industries and monitors changing markets, trends, customer needs, and working methods. KONE has introduced a wide range of major innovations throughout the years. Most notably, KONE introduced the revolutionary machine room-less gearless traction elevator to the market in the mid-nineties and in 2013, launched KONE UltraRope, a groundbreaking hoisting technology that offers unrivalled elevator eco-efficiency, reliability and durability, while also improving elevator performance. KONE UltraRope can enable future elevator travel heights up to 1,000 meters.