New CEO for KONE


Elevator company KONE has appointed Henrik Ehrnrooth as its new CEO.

Ehrnrooth was formerly chief financial officer at the firm and previously worked at Goldman Sachs in its investment banking division.

In 2014, KONE expects the market in the middle east region to grow and its latest innovations include UltraRope, a pulley system which will allow elevators to reach the summit of a building up to one kilometre tall in a single trip.


The technology is set be used in a number of construction projects across the GCC.

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