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KONE: The MonoSpace Launch in Germany Essay

KONE: The MonoSpace Launch in Germany Essay

I. SITUATION

KONE was founded in 1910. At the time, the company specialized in the repair and sale of rebuilt electrical motors. KONE expanded over the years and in 1995 cleared away from its core business and became the third largest elevator company in the world (behind Otis and Schindler). KONE’s elevator business has 2 divisions: the new equipment division and the services division.

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