KONE ceases deliveries to Russia

Press Release Published 03/03/2022

As a result of Russia's military actions against Ukraine, KONE has decided to temporarily cease deliveries to Russia starting March 3, 2022. KONE has also stopped signing new orders for the time being.  

KONE has made a donation to the Finnish Red Cross and continues to look at all ways in which to help those affected by the war.  

"Our top priority is the safety of our employees and their families in all locations affected by the war in Ukraine", says Henrik Ehrnrooth, President and CEO of KONE Corporation. 

For further information, please contact:  
Hanna Rutanen, Head of Communications, KONE Corporation, tel. +358 41 507 1361, media@kone.com

About KONE 
At KONE, our mission is to improve the flow of urban life. As 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. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2021, KONE had annual sales of EUR 10.5 billion, and at the end of the year over 60,000 employees. KONE Russia accounts for less than 1% of global annual sales. KONE has approximately 650 employees in Russia. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.com

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