- Business
- KONE Oyj, a global leader in the elevator and escalator industry, principally designs, manufactures, installs, maintains, and modernizes elevators, escalators, and automatic building doors, and provides integrated solutions for access control, people flow, and building modernization. The company offers a full range of services and products, including maintenance and modernization services; destination control systems; KONE Office Flow and other connected people flow solutions; KONE Access and integrated building access solutions; infotainment and real-time monitoring for equipment; and health and well-being solutions for vertical transportation. KONE operates under multiple product categories and brands, with complementary offerings in cybersecurity, energy efficiency, and building automation to enhance urban mobility within structures. The company’s core business encompasses new equipment sales, modernization projects, maintenance services, and digital solutions that optimize passenger flow and reduce waiting times across installations. Founding year 1908 and headquarters in Espoo, Finland, KONE runs operations in more than 60 countries, with a substantial global installed base and service footprint encompassing Europe, the Americas, Asia-Pacific, the Middle East, and Africa. The company maintains an extensive manufacturing and service network, including significant regional hubs and training facilities, to support customers ranging from commercial office buildings to large-scale infrastructures and specialized facilities. Recent strategic developments include partnerships and collaborations to advance sustainable building technologies, expansions in service offerings for smart buildings, and ongoing product launches focused on energy efficiency, safety enhancements, and digital integration across jurisdictions. KONE’s corporate structure features a broad portfolio of subsidiaries and affiliates designed to serve diverse geographic markets while maintaining centralized innovation and global product standards. The company emphasizes long-term service contracts, digital service platforms, and lifecycle management solutions to extend equipment life and optimize building performance.