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KONE Oyj Class B
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Overview

Description

KONE Oyj Class B represents the publicly traded shares of KONE Oyj, a Finland-based global leader in the elevator and escalator industry founded in 1910 and headquartered in Espoo. The company specializes in manufacturing elevators, escalators, and automatic building doors, while delivering comprehensive lifecycle services such as installation, maintenance, modernization, and complete replacement solutions to improve building accessibility and user experience. Operating within the industrials sector, particularly specialty industrial machinery and building products, KONE serves a diverse global customer base across commercial, residential, and public infrastructure projects. With approximately 64,653 employees, it achieves annual revenue surpassing €11 billion and net income around €951 million, demonstrating substantial operational scale and efficiency. These Class B shares, which provide voting rights in collective blocks of 10, highlight KONE's pivotal role in urban mobility and vertical transportation, advancing sustainable building solutions worldwide. Led by CEO Philippe Delorme, the company continues to drive innovation in producer manufacturing for modern infrastructure needs.

About

CEO
Mr. Philippe Delorme M.B.A., M.Sc.
Employees
64884
Address
Keilasatama 3
PO Box 7
Espoo, 02150, MI
Finland
Phone
358 204 751
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Finland
MIC code
XHEL
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Latest press releases

Sep 18, 2025
KONE Recognized Among the Top 10 Best Companies for Women in Gulf

DUBAI, UAE, Sept. 18, 2025 /PRNewswire/ -- KONE, a global leader in the elevator and escalator industry, has for the second consecutive year been named one of the Top 10 Best Companies for Women in Gulf, a recognition awarded by Avtar and Seramount, to companies operating in the Gulf Cooperation Council (GCC) Region. This honor underscores KONE's commitment to fostering an inclusive workplace where everyone can thrive, while placing special focus on empowering women to grow, lead, and succeed.

KONE - Top 10 Best Company for Women - Gulf 2025 Award

For KONE, diversity, equity, and inclusion (DEI) are not just aspirations, they are part of how the company grows, innovates, and supports communities across the GCC and beyond.

This recognition is also closely connected to KONE's RISE strategy 2025–2030, where people and culture are central. By fostering a workplace that is both inclusive and collaborative, KONE ensures it remains one of the easiest companies to work for and with.

KONE - Top 10 Best Company for Women - Gulf 2025 Award

The award was received on behalf of KONE by Maria Manzoor, People & Communications Director for Middle East Türkiye & Africa.

Loay Dajani, Managing Director for KONE Middle East, Türkiye, and Africa, commented: "This recognition as a Top 10 Best Company for Women in Gulf reflects our strong commitment to KONE's RISE strategy. Just as we create the best People Flow® experiences for our customers, we strive to ensure that our own people feel supported, empowered, and motivated to succeed together."

Maria Manzoor, People & Communications Director for KONE Middle East, Türkiye, and Africa added: "Diversity and inclusion are essential to how we operate and innovate every day. This recognition reinforces our efforts and inspires us to continue creating opportunities where women can thrive and lead."

Commenting on the occasion, Dr Saundarya Rajesh, Founder-President, Avtar Group, said

"As the Best Companies for Women in Gulf (BCWG) study completes its second edition in the Gulf Cooperation Council, we are delighted to see the commitment to gender inclusion, growing in the region. KONE's recognition demonstrates how deeply equity and inclusion are embedded in their culture. Their clarity of purpose and ambition set them apart regionally."!"

KONE has set a global target of 35% of director-level positions to be held by women by 2030, and continues to make steady progress toward this ambition. In the GCC, initiatives such as mentorship programs, emerging leader tracks, and equitable recruitment practices are enabling more women to grow, lead, and take on senior roles.

This recognition reinforces KONE's role as a purpose-driven employer, committed to equity and inclusion while reflecting the diversity of the communities it serves. By investing in people and creating equal opportunities, KONE is helping to shape a more inclusive workplace and a stronger, more innovative future across the GCC and beyond,

About KONE

Did you know KONE moves two billion people every day? As a global leader in the elevator and escalator industry, we employ over 60,000 driven professionals in close to 70 countries worldwide joined together by a shared purpose, to shape the future of cities. In 2024, we had annual net sales of EUR 11.1 billion.

KONE logo

Photo - https://mma.prnewswire.com/media/2775328/BCWG_2025___Top_10.jpg

Photo - https://mma.prnewswire.com/media/2775329/60180a84_3052_4267_b23b_7c4e3100e12a.jpg

Logo - https://mma.prnewswire.com/media/2595446/KONE_Primary_RGB_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/kone-recognized-among-the-top-10-best-companies-for-women-in-gulf-302559325.html

Sep 3, 2025
KONE Technology Supports Africa's Greenest Hotel in Achieving Energy Efficiency Goals

How KONE's sustainable elevator solutions continue to support Hotel Verde's net-zero mission in South Africa

JOHANNESBURG, Sept. 3, 2025 /PRNewswire/ -- KONE, a global leader in the elevator and escalator industry, is proud to have played a key role in supporting Cape Town's Hotel Verde - widely recognized as Africa's greenest hotel - with innovative elevator technology that contributes to significant energy savings and environmental performance.

Hotel Verde & KONE Elevators

Installed as part of the hotel's original development, KONE's solutions have helped Hotel Verde become one of the few hotels worldwide to achieve LEED Platinum certification for both design and operation, as well as earn a 6-star rating from the Green Building Council of South Africa.

KONE equipped the hotel with three MonoSpace® elevators powered by the KONE regenerative drive system, which recovers energy during elevator use and feeds it back into the building's grid. The result has been:

Up to 70% less energy consumption compared to conventional elevator system

Silent, gearless operation offering enhanced passenger comfort

Machine room-less design, saving materials and maximizing usable space

"KONE's solutions were a natural fit for our vision of sustainability," said Caron van Rooyen – General Manager, Hotel Verde. "Their energy-efficient elevators have helped us reduce consumption and maintain our green building standards, all while delivering a smooth and modern experience for our guests."

This collaboration forms part of KONE's wider commitment to sustainable urban development through its KONE Rise Strategy, which focuses on reducing carbon emissions, promoting circularity, and delivering innovative technology for the cities of tomorrow.

"Our goal is to help shape cities that are smarter, more livable, and more sustainable," said Rony Abou Diwan, Managing Director, KONE Africa. "Working with forward-thinking developers like Hotel Verde is how we turn that vision into real-world impact."

As South Africa advances its National Development Plan 2030 and accelerates its transition to a green economy, KONE stands ready to support sustainable growth across the region through proven technologies and long-term partnerships.

About KONE

At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®. As a trusted partner throughout both the building and equipment lifecycle, we support our customers every step of the way: from design, manufacturing and installation to maintenance and modernization. We are fast and flexible, earning a well-deserved reputation as a technology leader, with innovations such as KONE 24/7 Connected Services and KONE UltraRope®. KONE employs over 60,000 experts in over 60 countries, to serve you globally and locally.

KONE logo

Photo - https://mma.prnewswire.com/media/2753433/Untitled_design__2___1.jpg

Logo - https://mma.prnewswire.com/media/2595446/5466606/KONE_Primary_RGB_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/kone-technology-supports-africas-greenest-hotel-in-achieving-energy-efficiency-goals-302543059.html

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