KONE, a global leader in the elevator and escalator industry, is reinforcing its long-term commitment to the Philippines with future-ready solutions that help extend building lifespans, modernize ...

Elevator and design consultants are lauding a new elevator system from KONE Corp. that drastically reduces the weight of the hoisting cables—the bane of tall-building experts. The patented system, ...

Elevators of the future will have "virtual windows," voice-activated controls, music-streaming, and more -- that's if Kone has its way, at least. The Finnish engineering giant, best known for ...

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 €29.4 billion ($34.4 billion) cash-and-stock agreement to purchase TK Elevator was announced Tuesday by Finnish manufacturer Kone, which said the combined entity would rank as the world's top ...

Elevator and escalator company Kone Oyj (KNYJF) is in advanced discussions to purchase TK Elevator. The Finnish company is progressing in talks with TK Elevator’s private equity backers, Advent and ...

FRANKFURT/DUESSELDORF, Germany (Reuters) - Germany's Thyssenkrupp <TKAG.DE> has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator unit, dealing a blow ...

In Hong Kong, packed with high-rise buildings, elevators play a crucial role in transportation. According to government figures, at the end of 2017 there were 66,200 elevators in Hong Kong, but 53 ...