Knorr-Bremse AG KBX.DE

Knorr-Bremse has been operating for over 110 years and is based in Munich, Germany. The company manufactures braking systems and supplies safety-critical subsystems for both rail, and commercial vehicles. Knorr-Bremse employs approximately 29,000 people in more than 100 locations in 30 different countries around the world.

The company operates through two main business divisions. The Rail Vehicle Systems division is focused on the equipment of mass transit vehicles, including metro cars and light rail vehicles, freight trains, locomotives, long-distance passenger trains, high-speed trains and more. The division provides these and other vehicles with advanced solutions such as braking systems, intelligent entrance systems, friction material, HVAC systems, control components and windscreen wiper systems, platform screen doors, innovative driver assistance systems, auxiliary power supply systems, electrical traction equipment and control technology.

The Commercial Vehicle Systems division offers Knorr-Bremse customers advanced braking systems meant for trucks, buses, trailers and agricultural machinery. Knorr-Bremse is also a leader in the electronic control, driver assistance and air supply systems arenas. Additional product fields include steering systems, powertrain-related systems, torsional vibration dampers for diesel engines, and more.

In the first quarter of fiscal 2019, the company reported revenue of€1,893 million and a record order book of€4,701 million. Diversify your portfolio withKBX.DEstocks.