KONE will appeal the European Commission's decision to impose fines of EUR 142
million for anticompetitive practices.
The fine will be recognized as cost in the first quarter of the financial year.
Sender:
KONE Corporation
Klaus Cawén Minna Mars
Executive Vice President Senior Vice President,
Corporate Communications & IR
For further information, please contact:
Minna Mars, SVP, Corporate Communications & IR , tel. +358 20475 4501
KONE is one of the world's leading elevator and escalator companies. It
provides its customers with industry-leading elevators and escalators and
innovative solutions for their maintenance and modernization. KONE also
provides maintenance of automatic building doors. In 2006, KONE had annual net
sales of EUR 3.6 billion and about 29,000 employees. Its class B shares are
listed on the Helsinki Stock Exchange in Finland.
www.kone.com