Kone Corporation

Kone Corporation

Kone Corporation

Date Founded



Keilasatama 3,Espoo, Uusimaa 02150

Type of Company


Employees (Worldwide)



Other Manufacturing
Industrial Machinery & Manufacturing
Building Products & Construction Materials

Company Description

Kone Oyj manufactures elevators, escalators, and automatic building doors. It also provides installation, maintenance, modernization and replacement solutions. The company was founded on October 27, 1910 and is headquartered in Espoo, Finland.

Contact Data
Trying to get in touch with decision makers at Kone Corporation? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Chief Technology Officer & Executive Vice President

Member of the Executive Board & Head of Mergers & Acquisitions, Strategic Alliances & Legal Affairs

Head of Central & North Europe, Member of the Executive Board

Head of Asia-Pacific, Member of the Executive Board

Chief Financial Officer & Member of the Management Board


Executive Vice President-South Europe, Middle East & Africa Regions

Board of Directors

Chairman at Kone Corporation

Vice Chairman, Board of Directors at Kone Corporation

Member, Board of Directors at Kone Corporation

Director at AB Volvo

Director at Kone Corporation

Managing Director & Director at Admiral Consulting Oy

Former Executive Vice President-Corporate Relations & Strategy at Fortum Oyj

Secretary at Kone Corporation

Interim Chief Executive Officer of Sanoma Media Netherlands at Sanoma Oyj

Director at Kone Corporation

Paths to Kone Corporation
Potential Connections via
Relationship Science
Kone Corporation
Owners & Shareholders
Details Hidden

Fundsmith is a fund management company established in 2010 by Terry Smith. The business is 100% owned and controlled by its partners, who have worked closely together over many years, and is headquartered in London with an office in Connecticut, USA. The investment process of the Fundsmith Equity Fund will be the only equity fund strategy that we employ and the Fundsmith Equity Fund is the main vehicle for Terry’s own investments.

Details Hidden

Varma is an active, long-term and income-oriented investment manager, for which value is a secondary investment style. The firm manages a diversified portfolios invested primarily in fixed income, equities, real estate, and hedge funds. Fixed income investments are globally diversified between different bond issuers and maturities. Equity investments are diversified by geographic location, industry and company size. In Varma’s portfolio, listed equity investments seek the highest returns and are also the most volatile asset class. The firm uses derivatives to make diversified index-type investments in commodities. Their direct real-estate investments are located in Finland. Approximately 60% of Varma’s real estate investments are in the Helsinki area. In addition to rental flats, the portfolio includes all types of business premises, with the greatest weight on office and retail premises.

Details Hidden

Ilmarinen is an active, profit-oriented investor which manages an investment portfolio that has been diversified both geographically and across a wide variety of asset classes, such as equities and shares, fixed income investments and real estate with a focus on Finnish securities. The firm typically establishes information about the investment allocation and the return on investments on a quarterly basis. Ilmarinen generally aims to select companies with good growth potential in which they take long-term positions. They support investment decisions with information obtained through their active ownership policy, which encourages fund managers to participate in shareholders' meetings, make full use of voting rights and keep in contact with the management of investees.

Recent Transactions
Details Hidden

Kone Corporation purchases Ascensores R Casado SA

Details Hidden

Kone Corporation purchases Shan On Engineering Co., Ltd.

Details Hidden

Kone Corporation purchases Alois Kasper GmbH Aufzugfabrik

Transaction Advisors

Advised onKone Corporation purchases Partek Oyj AB

Legal Advisor

Advised onKone Corporation purchases Marvi Elevadores SL

Investment Advisor

Advised on purchases Cargotec Oyj from Kone Corporation

Advisors & Consultants



IOI Properties Group Bhd. is an investment holding company. It operates through the following segments: Property Development, Property Investments, Hospitality and Leisure, and Other Operations. The Property development segment offers development of residential, commercial, and industrial properties. The Property Investment segment involves in the investment in shopping mall, office complex, and other properties. The Hospitality and Leisure segment consists of management and operation of hotels, resorts, and golf course. The Other Operations segment includes management and operations of golf course, cultivation of oil palm, project and building services management, landscape services and other operations. The company was founded on February 25, 2013 and is headquartered in Putrajaya, Malaysia.

The Berkeley Group Holdings Plc engages in the development of residential and mixed-use properties. It operates through the following brands: Berkeley, St. James, St. George, St. Edward, St. Joseph, and St. William. The company was founded by Anthony William Pidgley and Jim Farrer in 1976 and is headquartered in Cobham, the United Kingdom.

Italian-Thai Development Public Co., Ltd. is engaged in the construction and development of real estate properties. Its services include construction of buildings, industrial plants, pipeline, and utility works for public infrastructure. The company was founded by Chaijudh Karnasuta and Giorgio Berlingieri on August 15, 1958 and is headquartered in Bangkok, Thailand.

Key Stats and Financials As of 2020
Market Capitalization
Total Enterprise Value
Earnings Per Share
Three Year Compounded Annual Growth Rate Of Revenue
Debt TEV
TEVNet Income
Enterprise Value EBITDAOperating
Enterprise Value / Sales
Net Profit
Total Debt
Total Equity
Details Hidden

Paroc Group Oy manufactures mineral wool insulation products. The firm’s products include acoustics, Building Constructions, HVAC and process Industry, OEM, Marine and Offshore. Its building insulation is mainly used for thermal, fire, and sound insulation of exterior walls, roofs, floors, and basements, intermediate floors, and partitions. The company was founded in 1937 and is headquartered in Helsinki, Finland.

Etteplan Oyj Electrical Products | Vantaa, Finland

Etteplan Oyj engages in the development and provision of industrial equipment engineering and technical documentation solutions. It operates through the following geographical segments: Finland, Sweden, China, and Central Europe. It offers managed services, outsourcing, engineer-to-order, device creation, application management, and software solutions for technical documentation. The company was founded by Tero Elomaa, Tapani Mönkkönen, and Esko Poltto in 1983 and is headquartered in Vantaa, Finland.

Prima Industrie SpA Industrial Machinery & Manufacturing | Collegno, Italy

Prima Industrie SpA engages in the development, manufacture, and marketing of laser systems for industrial applications, sheet metal processing machinery, and industrial electronics and laser sources. It operates through the Prima Power and Prima Electro business segments. The Prima Power segment develops, manufactures, and markets cutting, welding, and punching machines for three-dimensional and two-dimensional metallic components; as well as sheet metal processing machines that use mechanical tools. The Prima Electro segment includes the development, construction, and sale of electronic power and control components; and high-power laser sources for industrial applications. The company was founded by Gianfranco Carbonato in 1977 and is headquartered in Collegno, Italy.

Scanfil Oyj Appliances & Electronics | Sievi, Fin

Scanfil is a global contract manufacturer and systems supplier for communication and professional electronics. Main telecommunication products are among others integrated enclosure systems for mobile phone and ADSL networks and assembly and testing of modules related to enclosure systems. Examples of professional electronics products include box-built tested devices, various electronic modules, backplanes and assembled circuit boards as well as cable assemblies. Vertical integration Scanfil’s production system is vertically integrated. In addition to the manufacture of products, a key element in Scanfil’s operations is the provision of a comprehensive service package to customers. Scanfil’s service includes sourcing and purchasing, planning of production processes and technologies, manufacture of prototype series, transfer to serial production, diversified and flexible production of electronics and mechanics, product testing as well as comprehensive logistics management. To meet the demands for global presence and short lead times, Scanfil strives to constantly invest in its ability to control costs and supply products and services of the right quality at the right time while managing risks in logistics chains that are becoming increasingly complex. Products Typical products for telecommunications network systems are enclosure systems and base station products designed for wireless communications and broadband networks. The delivery of an enclosure system includes the production of mechanical and electronic components, product assembly and testing of the final product. Examples of professional electronics products are box-built electronic products, various electronic modules, backplanes and assembled circuit boards as well as cable assemblies. Scanfil’s customers include several major international telecommunications and professional electronics manufacturers, which are all top players in their industry and have an established position in the market. Products manufactured by Scanfil can be found in mobile phone and ADSL network base stations, a range of meteorological instruments as well as passenger and goods lifts. Global manufacturing Since Scanfil's customers are global players, the company must also be able to provide services globally in order to be competitive. Scanfil’s objective is to expand its operations to cater for customers in all key markets worldwide. The company’s strategy is to establish production plants around the world to meet market demands and customer needs. In 2012, Scanfil had production plants in Sievi and Vantaa, Finland as well as abroad in Budapest, Hungary; Pärnu, Estonia; and Hangzhou and Suzhou, China. Associated company Greenpoint Oy Greenpoint Oy (Scanfil EMS Oy's holding 40%) is specialised in developing various activation solutions, equipment and tools to drive impulse sales of fast moving consumer goods for brands and retail chains. Greenpoint's products include an extensive range of refrigerators, displays and fixture assemblies for impulse sales areas. Greenpoint Oy serves international brand and retail chain customers in Europe and, via contractual partners, in North and Latin America.

Awards & Honors
Rank #42
Forbes - World's 100 Most Innovative Companies
Sponsored by Forbes Magazine
Rank #39
Forbes Magazine - The Nifty 50
Sponsored by
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Kone Corporation. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Kone Corporation's profile does not indicate a business or promotional relationship of any kind between RelSci and Kone Corporation.