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July 07, 2021
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Knorr-Bremse stops pursuing the acquisition of a shareholdering in HELLA
Today, the Executive Board of Knorr-Bremse AG decided to stop pursuing a potential acquisition of a majority stake in HELLA GmbH & Co. KGaA. Following careful analysis, the Executive Board determined that the possible transfer of key technologies and products to its own product portfolio would not result in the realization of the expected synergies.
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June 30, 2021
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Knorr-Bremse invites students to a virtual Girls Day
In keeping with a tradition dating back to 2002 Knorr-Bremse will be part of a Germany-wide Girls Day offering schoolgirls grades 5 and up a chance to try their hand at a technical career. Taking “Career guidance 4.0” as its theme, Girls Day will be held across the nation on April 22, 2021. The annual event is aimed at breaking down the gender stereotypes surrounding certain careers.
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June 30, 2021
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Major award for brake and air treatment systems: Knorr-Bremse and one of the world’s leading global truck OEMs have signed a 10-year supply contract to continue their long-term partnership
- Contract with one of the world’s leading global truck OEMs extended to cover serial deliveries of current braking system and air treatment systems
- New supply contract signed for new generation of braking- and air treatment systems utilizing next-generation technology developed by Knorr-Bremse: GSBC, the Global Scalable Brake Control system and GSAT, the Global Scalable Air Treatment system
- Order volume over full contract period worth approx. 1 billion euros
Knorr-Bremse have signed a continuation of their current supply agreement in the field of braking systems and air treatment systems for the OEM’s European heavy-duty and medium-duty platforms. At the same time the parties signed a new contract for multi-year supplies of the new GSBC (Global Scalable Brake Control) and GSAT (Global Scalable Air Treatment) technologies currently under development. This business award underpins Knorr-Bremse’s market position in the braking systems and air treatment segment in Europe, illustrating that the company’s high investment in new technologies is gaining ground in the market.
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June 14, 2021
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Cutting-edge brake control systems: Knorr-Bremse delivers 100,000th unit in globally successful CubeControl family
- CubeControl family, world’s best-selling Metro Brake Control System, reaches new milestone with delivery of 100,000th unit
- Under continuous development, the distributed control system is now extending its compelling advantages to other vehicle platforms such as regional and S-Bahn commuter trains, as well as high-speed trains
After two decades of best-selling success worldwide, Knorr-Bremse is celebrating the delivery of 100,000 units of the CubeControl Metro Brake Control System. With the mechatronic system, previously known as the EP2002, the global market leader for braking systems and other rail and commercial vehicle systems has set a new industry benchmark – and continues to make a major contribution to safe, reliable and accessible rail travel, now and in the future.
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June 11, 2021
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Knorr-Bremse AG takes Gold in German Brand Awards 2021
- Knorr-Bremse wins coveted “Gold” German Brand Award in the “Excellent Brands – Transport & Mobility” category
- Jury says Knorr-Bremse’s “One Brand” brand strategy unites all Group brands into powerful, convincing whole, delivering consistent brand presence worldwide
At the virtual German Brand Awards ceremony on June 10, 2021, Knorr-Bremse was presented with the Gold award in the “Excellent Brands – Transport & Mobility” category. The award paid tribute to the Group’s global “One Brand” brand positioning strategy. German Brand Awards are presented every year by the German Design Council and German Brand Institute in recognition of successful brands, consistent brand management and long-term brand communication. This year’s awards ceremony was the sixth in succession.
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June 10, 2021
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Knorr-Bremse celebrates start of production of Recirculating ball screw Type Steering Gear (RCB) technology at new plant in Thailand
- Knorr-Bremse announces official start of RCB production in Thailand
- New plant recently opened by Knorr-Bremse Commercial Vehicle Systems (Thailand) “KBT”
- Important step to match rapid market recovering in South East Asia
- KBT provides RCB for top OEMs in the region
Knorr-Bremse recently celebrated the official start of production of its RCB product IPS (Integral Power Steering) at the new Knorr-Bremse Commercial Vehicle Systems (Thailand) “KBT” plant in Chachoengsao, east of Bangkok. Knorr-Bremse senior management, staff and partners witnessed the opening ceremony either online or in person.
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June 01, 2021
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Knorr-Bremse acquires Evac business and becomes a world leading supplier of integrated sanitary systems for passenger trains
- Evac is a world leading supplier of sanitary systems for regional and high-speed trains, with over 100,000 installed units worldwide
- With the acquisition, Knorr-Bremse becomes a global market leader for fully integrated sanitary systems in commuter and high-speed trains
Knorr-Bremse, the global market leader for braking systems and other rail and commercial vehicles systems, is expanding its position in the field of on-board systems by acquiring the Evac business, a world leading manufacturer of fully integrated sanitary systems for passenger trains. In 2020, the company achieved sales of around EUR 45 million.
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May 20, 2021
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Annual General Meeting of Knorr-Bremse AG: Dividend of EUR 1.52 approved
- Dividend payout ratio of around 46 percent of consolidated net income for the year
- Supervisory Board elections: Dr. Stefan Sommer newly elected and other Supervisory Board members confirmed
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May 14, 2021
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Knorr-Bremse AG achieves outstanding results in the first quarter of 2021
- Very positive business performance in the first quarter of 2021
- In Q1 2021, order intake rises for the third time in a row and improves by 13.3% to EUR 1.80 billion (previous year: EUR 1.59 billion)
- Order book at record level: Increase of EUR 432 million (+9.3%) compared to the previous year (EUR 4.65 billion) to EUR 5.08 billion
- Revenues grow by 3.9% to EUR 1.69 billion compared to Q1 2020
- Major increase in profitability: EBITDA margin increases to 18.9% (previous year: 17.8%) and EBIT margin to 14.9% (previous year: 13.8%), each having improved by 110 basis points
- Knorr-Bremse considers itself on track for full year 2021 and confirms its guidance
Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, today published its results for the first quarter of 2021.
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May 10, 2021
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Climate Strategy 2030: Knorr-Bremse drives forward extensive climate action measures
- Key milestone en route to carbon neutrality from 2021: CO2 emissions reduced by 59 percent in 2020
- Investment in in-house energy generation from renewables and energy efficiency measures
- Knorr-Bremse concludes agreement with climate protection organization atmosfair gGmbH to offset 40,000 tonnes of CO2 per year
Knorr-Bremse , is driving forward its climate action measures in the context of its new Climate Strategy 2030. By setting its climate goals, Knorr-Bremse is contributing to the Paris Climate Agreement to limit global heating to 1.5 degrees and aiming to halve its CO2 emissions by 2030. This 50 percent reduction is to be achieved through energy efficiency measures and the own-generation and purchase of renewable energy. In addition, Knorr-Bremse has pledged to make its own sites carbon neutral from 2021 onwards. To do so, the Group is to maximize its sourcing of energy from renewables, while residual, unavoidable emissions are to be offset by means of high-quality climate protection certificates. For the purpose of offsetting, Knorr-Bremse has signed a cooperation agreement with climate protection organization atmosfair gGmbH.
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