Kone

Kone Corporation
Native name
Kone Oyj (Finnish)
TypePublic
Nasdaq Helsinki: KNEBV
IndustryEngineering and service
Founded27 October 1910 (1910-10-27)
HeadquartersEspoo, Finland
Area served
Worldwide except Korea, Japan, Russia, Belarus and most of Latin America
Key people
ProductsElevators, escalators, automatic building doors
Revenue
  • Increase €11.245 billion (2025)
  • Increase €1.336 billion (2025)
  • Increase €0.992 billion (2025)
Total assets
  • Increase €9.72 billion (2021)
Total equity
  • Increase €3.20 billion (2021)
OwnerHerlin family through Security Trading Oy (22% equity, 62% voting power)
Number of employees
Over 60,000 (2025)
Websitekone.com
Footnotes

Kone Oyj (Finnish pronunciation: [ˈkone]; officially known as KONE and trading as KONE Corporation) is a Finnish multinational elevator engineering company employing over 60,000 personnel across 60 countries worldwide. It was founded in 1910 and is headquartered in Espoo, Finland. In addition, Kone builds and services moving walkways (referred to by the company as autowalks), 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, Antti Herlin controls 62% of the voting rights and 22% of the shares of the company, which is listed on Nasdaq Helsinki.