Kone

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Kone Corporation

Kone Building in Keilaniemi, Espoo
Native name	Kone Oyj
Company type	Julkinen osakeyhtiö
Traded as	Nasdaq Helsinki: KNEBV
Industry	Engineering and service
Founded	27 October 1910; 113 years ago (1910-10-27)
Headquarters	Helsinki, Finland
Area served	Worldwide except Korea, Japan, Russia, Belarus and most of Latin America
Key people	Antti Herlin (Chairman) Philippe Delorme (President and CEO)
Products	Elevators, escalators, automatic building doors
Revenue	€10.95 billion (2023)
Operating income	€1.20 billion (2023)
Net income	€0.93 billion (2023)
Total assets	€9.72 billion (2021)
Total equity	€3.20 billion (2021)
Owner	Herlin family through Security Trading Oy (22% equity, 62% voting power)
Number of employees	63,536 (Dec 2023)
Website	kone.com
Footnotes / references [1]

Kone Oyj (Finnish pronunciation: [ˈkone]; officially known as KONE and trading as KONE Corporation) is an elevator engineering company employing over 60,000 personnel across 60 countries worldwide. It was founded in 1910 and is now headquartered in Helsinki, Finland, with its corporate offices located in Espoo. In addition, Kone builds and services moving walkways (referred to by the company as autowalks),^[2][3] automatic doors and gates, escalators, and lifts. In the Finnish language, Kone means "machine".

Since 1924, Kone has been controlled by the Herlin family. Harald Herlin purchased the company in 1924 and served as its chairman until 1941. Afterward, his son, Heikki H. Herlin, took over his father's post from 1941–1987. In 1954, Pekka Herlin joined Kone and succeeded his father as president in 1964. Since 2003, Antti Herlin, the son of Pekka Herlin, has been its chairman. As of December 2019^[update], Antti Herlin controls 62% of the voting rights and 22% of the shares of the company,^[4] which is listed on Nasdaq Helsinki.