KONE Oyj

Company Profile

• Business description

  Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to closest competitors Otis, Schindler, and TK Elevator.

• Contact

  Keilasatama 3
  P.O. Box 7
  Espoo02150
  FIN

  T: +358 204751

  E: [email protected]

  https://www.kone.com

• Sector

  Industrials

  Stock type

  Sensitive

• Industry

  Specialty Industrial Machinery

  Fiscal Year End

  31 December 2026

  Employees

  60,000