In 2018, KONE had approximately 57,000 employees serving more than 450,000 customers in more than 60 countries. The Company’s headquarters is located in Helsinki, Finland. KONE has eight R&D centers and seven manufacturing plants, along with a worldwide distribution network in 140 countries.
KONE is a Finnish public company, founded in 1910. The Company has been active in Israel for many years through Isralift, the Israeli elevator company, which was founded in 1961 and served as KONE’s Israel’s sole licensed provider. In 2013, KONE has acquired Isralift, which became an integral part of KONE global family. In 2018, the brand name was officially relaunched and became KONE Israel. Together, we have generated added value of local knowledge, professional excellence, innovation, and safety.
Vision and strategy
Our vision is to deliver the best People Flow® experience. This means we understand that different types of buildings serve different purposes, which has an impact on the flow of people and on the surrounding environment. It also means we provide Ease, Effectiveness and Experiences to our users and customers, over the full life cycle of buildings.
How do we solve this? Through flexible solutions and services that provide added value in the best way possible for clients and users. KONE manufactures elevators with technologies that identify the requested floor, the expected loads, and that are capable of predicting and responding to future malfunctions.
KONE owns more than 3,000 patents, and in 2018 Forbes magazine listed KONE as one of the world’s 100 most innovative companies, for the seventh time in a row. In addition, KONE invests in the development of innovative and green solutions, for which it has been awarded the highest rating in the energy sector – the “A” rating.
Research and development
Tytyri is Finland’s leading R&D center. At the site, KONE can carry out tests under extreme conditions, which are much harsher than in regular buildings. The depth of the shafts means KONE can test elevator speeds of up to 70 km/hour, or around 19 meters per second at conventional acceleration rates. The “Asian Twin” of this center is located in Kushan, China.
UltraRope® KONE, provides unrivalled elevator eco-efficiency, reliability and durability. It eliminates the disadvantages of existing steel ropes – high energy consumption, rope stretch, large moving masses, and downtime caused by building sway.
KONE invented the world’s first elevator without a machine room – MonoSpace® KONE for flexible elevator solution for residential or commercial buildings. KONE Double-deck elevators with two connected cells allow transportation of about 40 passengers from two separate floors at the same time, and significantly increases passenger’s capacity. This solution will soon come to Israel.
Complementary solutions for elevators
KONE manufactures complementary solutions based on “Internet of Things” systems and artificial intelligence, which add value to buildings, bring them to the forefront of technology and enabling customized fast and secure movement.
During 2019, the KONE Residenatial Flow solution will be launched for residential buildings. This technology provides the building’s residents with the ability to interface directly to the main entrance and the building’s elevator through an application to which tenants connect, give and receive information. The system enables automated operations as direct and smooth access from the building entrance to the house floor, without the need for waiting, remote control, monitoring and managing guest entry and more.
In addition, the Connected Services 24/7 system based on this technology will be launched in 2019. The system enables monitoring, analysis and online viewing of data from elevator sensors, thus improving equipment performance, operating time, reliability and safety. The system can predict faults in advance and undertake preventive maintenance that will save many resources.
Leading projects around the globe
Jeddah Tower, Saudi Arabia, soaring to a height of more than one kilometer – the tallest building in the world; Greenland Puli Center, Jinan, China, a 300-meter office tower; the famous and unique 180 Brisbane, Australia; The Sky Tower, New Zealand, which rises 229 meters high; and many other projects.
Leading projects in Israel
Menora Mivtachim, Ramat Gan; 22 Rothschild Hotel, Tel Aviv; Assuta Hospital, Ashdod; Herzliya HILLS, Herzliya; The Malibu Project, Harish; Alon Towers, Tel Aviv; Meyer Building, Tel Aviv; Ritz-Carlton Hotel, Herzliya; WEST Lagoon Hotel, Netanya; and many other projects. KONE also won the NTA (Israel’s Mass Transit System Authority) tender and will supply elevators and escalators to the Tel Aviv Red Line Light Rail System.
CofaceBdi Combined risk index summary for October 2017 Deterioration in the Combined risk index of Israel’s economy * About 13.25% of the companies were rated in high and dangerous risk levels * Heading the weak and dangerous branches: Coffee shops and Transport services * Heading the strongest and secure branches: Pharmaceutical and cosmetics industry and […]
From the resurgence of cybersecurity to deals seeking to bring cannabis firms to stock exchanges, here are the trends that shaped Israeli M&A in 2018