July 23, 2026 01:24 am (IST)
Follow us:
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.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Indian stock market crash: Sensex slides 715 points
Wed, Jul 22 2026
TCS study reveals Physical AI is now mainstream as manufacturers scale AI implementation
Wed, Jul 22 2026
Onida unveils 'Onida Rewired', plans 100 retail outlets in 2-3 years
Wed, Jul 22 2026
Bandhan Bank reports 11% growth in Q1
Tue, Jul 21 2026