KONE

KONE won an order to supply 25 elevators and 81 escalators for the Dayan and Huang Mugang transportation hub in Shenzhen, China, with completion expected by mid-2023.

KONE Elevator India won an order to supply 53 custom-made elevators for the Commerz III office tower developed by Oberoi Realty in Mumbai. The 50-story building will include KONE Minispace and Monospace elevators with destination control systems.

KONE Elevator India inaugurated a new elevator manufacturing facility in SIPCOT Industrial Park, Sriperumbudur near Chennai, built at an investment of INR 450 crore, employing around 600 people.

Kone is considering teaming up with a private equity partner to bid for Thyssenkrupp's elevator business, which analysts value at up to €17 billion. No final decision has been made.

KONE won an order to provide elevators for the 54-story tower at 110 North Wacker Drive in Chicago, marking the North American debut of KONE UltraRope technology. KONE will supply 30 traction elevators and 10 turnstiles.

KONE has won an order to supply 46 elevators and five escalators for the ICD Brookfield Place project in Dubai's DIFC district.

Elevator and escalator company KONE announced the opening of a larger office in Noida, Uttar Pradesh, to enhance service levels and prepare for growth. It also entered an agreement with IBM to use Watson IoT Cloud Platform.

KONE won an order to supply 21 elevators and 4 escalators to the Olderfleet development at 477 Collins Street in Melbourne, Australia, including elevators with KONE UltraRope technology.