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 ...

If you are wondering whether KONE Oyj is reasonably priced or stretching its valuation, this article will walk you through ...

enrik Ehrnrooth stands at the back left corner of an elevator at the Mandarin Oriental Hotel in New York City, where he’s been staying during a visit to the U.S. A rider feels an elevator’s vibrations ...

Kone's Q3 financial results looked solid, with nice improvements in profitability. Looking at the different business segments of Kone reveals a picture of a company moving at two different velocities.

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, ...

Finnish lift and escalator manufacturer Kone is using real-time sensor data to manage its equipment base better and keep field service technicians a step ahead with maintenance. More of the company’s ...

KONE Elevator India, a wholly-owned subsidiary of KONE Corporation, is expecting a steady pick-up in demand following the recovery in residential real estate and steady growth in the commercial ...

Lift usage in large commercial buildings is often seen as a proxy for workplace occupancy and broader office attendance ...

Kone Corp. has expanded its footprint across the Midwest with its acquisition of Long Elevator & Machine Co. Inc., an independent elevator company with operations in ...