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Kone

A global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. In 2023, KONE had annual sales of EUR 11.0 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. KONE is the market leader in China. The company serves over 30 000 customers and employs over 23 000 employees across the country.

www.kone.com/en/

Data point of the week

6.9%

increase in electricity demand in China, against decrease of 3.4% in EU in 2023.

(Ember)