March 23, 2026 03:12 am (IST)
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KONE named in Forbes list
Kolkata Aug 28 (IBNS): KONE has been ranked 42nd out of the top 100 most innovative companies in the world by the business magazine Forbes.
Out of all European companies listed this year, KONE was ranked an impressive sixth. KONE is the only elevator and escalator company featured on Forbes' list this year.
"It's a great honour to be recognized among the world's most innovative companies for a fourth consecutive year," said Henrik Ehrnrooth, President & CEO of KONE Corporation. "Innovation and technological advancement have been at the core of our company for decades, and will continue to be moving forward."
In 1996, KONE was the first company in the industry to introduce machine-room-less elevators. KONE's latest ground breaking solution is its new high-rise elevator hoisting technology, KONE UltraRope(TM), enabling future elevator travel heights of one kilometer - twice the distance currently feasible.
Last May, KONE announced that the KONE UltraRope technology would be used in Saudi Arabia's Kingdom Tower building, expected to be the world's tallest building with a height rising over one kilometer once completed.
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