2010 | english
K n o r r - B r e m s e G r o u p
F a c t s & F i g u r e s
At a GlanceKNORR-BREMSE GROUP 2006 2007 2008 2009 2010
Sales EURmill. 3,121 3,251 3,384 2,761 3,712
Netincome EURmill. 185 198 192 99 239
Employees(asperDec.31) 13,035 13,943 14,999 14,432 16,277
Personnelcosts EURmill. 592 622 686 641 721
Balance-sheettotal EURmill. 1,646 1,735 1,788 1,664 2,194
Equity EURmill. 493 566 639 533 754
Capitalexpenditure* EURmill. 107 140 134 101 113
Depreciation* EURmill. 104 113 115 118 147
Incomingorders EURmill. 3,541 3,767 3,209 3,185 4,040
Researchanddevelopmentexpenditure EURmill. 141 159 171 153 175
TheAmericas22.3%Asia/Australia26.9%Europe50.8%
SalesandnetincomefortheKnorr-BremseGroupinEUR Consolidatedsalesbyregion
NetincomeSales
3,251
2,423
2,743
3,121
3,384
2004 2005 2006 2007 2008 2009 2010
198
130
154
185
2,761
192
99
3,712
239
*notincludinginvestmentsinfinancialassets
2010 | english
K n o r r - B r e m s e G r o u p
F a c t s & F i g u r e s
At a GlanceKNORR-BREMSE GROUP 2006 2007 2008 2009 2010
Sales EURmill. 3,121 3,251 3,384 2,761 3,712
Netincome EURmill. 185 198 192 99 239
Employees(asperDec.31) 13,035 13,943 14,999 14,432 16,277
Personnelcosts EURmill. 592 622 686 641 721
Balance-sheettotal EURmill. 1,646 1,735 1,788 1,664 2,194
Equity EURmill. 493 566 639 533 754
Capitalexpenditure* EURmill. 107 140 134 101 113
Depreciation* EURmill. 104 113 115 118 147
Incomingorders EURmill. 3,541 3,767 3,209 3,185 4,040
Researchanddevelopmentexpenditure EURmill. 141 159 171 153 175
TheAmericas22.3%Asia/Australia26.9%Europe50.8%
SalesandnetincomefortheKnorr-BremseGroupinEUR Consolidatedsalesbyregion
NetincomeSales
3,251
2,423
2,743
3,121
3,384
2004 2005 2006 2007 2008 2009 2010
198
130
154
185
2,761
192
99
3,712
239
*notincludinginvestmentsinfinancialassets
Company profileMaking mobility safe – this is the daily mission of Knorr-Bremse.
The company is the world’s leading manufacturer of braking systems for rail and commercial vehicles. For more than 100 years now the company has pioneered the development, production, marketing and servicing of state-of-the-art braking systems. In the rail vehicle systems sector, the product portfolio also includes intelligent door systems, air conditioning systems, control components and wind-screen wiper systems, as well as platform screen doors. In the com-
mercial vehicle systems sector, the product range includes complete braking systems with driver assistance systems, as well as torsional vibration dampers and powertrain-related solutions, and transmis-sion control systems for improved efficiency and fuel economy.
More than a billion people worldwide rely daily on Knorr-Bremse systems.
Contact
Knorr-Bremse AGMoosacher Straße 8080809 MunichGermany
Corporate CommunicationsChristoph GünterTel: +49 89 3547-1402Fax: +49 89 3547-1403E-Mail: [email protected]
Additional information about Knorr-Bremse: www.knorr-bremse.com
Global PresenceKnorr-Bremse has over 85 locations in more than 25 countries around the world.
Company profileMaking mobility safe – this is the daily mission of Knorr-Bremse.
The company is the world’s leading manufacturer of braking systems for rail and commercial vehicles. For more than 100 years now the company has pioneered the development, production, marketing and servicing of state-of-the-art braking systems. In the rail vehicle systems sector, the product portfolio also includes intelligent door systems, air conditioning systems, control components and wind-screen wiper systems, as well as platform screen doors. In the com-
mercial vehicle systems sector, the product range includes complete braking systems with driver assistance systems, as well as torsional vibration dampers and powertrain-related solutions, and transmis-sion control systems for improved efficiency and fuel economy.
More than a billion people worldwide rely daily on Knorr-Bremse systems.
Contact
Knorr-Bremse AGMoosacher Straße 8080809 MunichGermany
Corporate CommunicationsChristoph GünterTel: +49 89 3547-1402Fax: +49 89 3547-1403E-Mail: [email protected]
Additional information about Knorr-Bremse: www.knorr-bremse.com
Global PresenceKnorr-Bremse has over 85 locations in more than 25 countries around the world.
3
F a c t s & F i g u r e s 2 0 1 0
04 History
06 Knorr-Bremse Group
09 Executive Board & Supervisory Board
10 Rail Vehicle Systems
12 Commercial Vehicle Systems
14 People and Careers
17 Cooperation partners in Research & Development
Contents
4
K n o r r - B r e m s e G r o u p
1905
Georg Knorr founds Knorr-Bremse GmbH
in Berlin.
1918 – 1926
Knorr-Bremse sets new technological
standards for freight trains with its pneu-
matic brakes. Knorr-Bremse becomes
Europe’s biggest manufacturer of brake
systems for rail vehicles.
1922
Development of pneumatic brake system
for commercial vehicles begins.
1931 – 1939
The Hildebrand-Knorr brake system (HIK
brake) sweeps the market and becomes
the standard system in 17 different coun-
tries. By 1939, 90% of all German trucks
from 7 t – 16 t are equipped with Knorr-
Bremse brakes.
1945
The Knorr-Bremse plant in Berlin is con-
fiscated and dismantled at the end of the
2nd World War.
1945 – 1953
Development and manufacture of brak-
ing equipment resumes in the western
part of Germany. Company headquarters
move to Munich.
1960 – 1980
Knorr-Bremse plays a leading role in
the development of braking technology
for rail and commercial vehicles. Knorr-
Bremse establishes the new UIC standard
with its KE control valve.
1985
Heinz Hermann Thiele acquires the ma-
jority of the shares previously held by
Dr. Jens von Bandemer and gradually
becomes sole owner of Knorr-Bremse.
Together with the company‘s inter-
national orientation, the focus on the
two divisions, Rail Vehicle Systems and
Commercial Vehicle Systems, that Thiele
initiated make Knorr-Bremse the world‘s
leading manufacturer of braking systems
in both sectors.
1996
Series production of pneumatic disc
brakes for commercial vehicles begins.
1999
The commercial vehicle brakes division
of Robert Bosch GmbH is integrated into
Knorr-Bremse, complementing the com-
pany‘s activities in the field of electronic
brake control.
2002
In 2002 Knorr-Bremse acquires Bendix
Commercial Vehicle Systems, one of the
leading U.S. manufacturers of air brakes
History
4
5
F a c t s & F i g u r e s 2 0 1 0
5
and ABS anti-lock braking systems for com-
mercial vehicles.
2005
The Knorr-Bremse Group celebrates its
centenary.
2009
The company celebrates the 150th anniver-
sary of the birth of its founder Georg Knorr.
2010
Knorr-Bremse strengthens its air condition-
ing systems area through the strategic ac-
quisition of the Sigma Cochair Group.
Knorr-Bremse opens new production plants
in the Czech Republic and Hungary, using
the most state-of-the-art production and
logistics concepts.
Knorr-Bremse signs on to the UN Global
Compact and adopts a Group-wide Corpo-
rate Social Responsibility Strategy.
6
K n o r r - B r e m s e G r o u p
6
At a Glance
The Knorr-Bremse Group was able to increase sales in fiscal 2010 by just under 1 billion euros to 3.71 billion euros (previous year 2.76 billion euros). In a recovering, but still volatile economic environment, the company benefited from its strong strategic position in both the rail vehicle systems and commercial vehicle systems sectors.
Annual net income for the Knorr-Bremse
Group increased by 142.5% in 2010 to 239.4
million euros (previous year: 98.7 million
euros). The return on sales after taxes was
6.4% (previous year: 3.6%).
The Knorr-Bremse Group’s investments in
fixed assets and intangible assets increased
by 13% over the previous year with 113.4
million euros (previous year: 100.6 million
euros). This development is associated with
the positive development clearly seen in
the economic climate over the year 2010.
The depreciation on intangible assets of
the capital assets and fixed assets increased
across the Group compared to 2009 to
146.9 million euros (previous year 117.7
million euros).
Group capital expenditure and depreciation in EUR millions
1072006 104 1402007 113 1342008 115 1012009 118 1132010 147
Capital expenditure Depreciation
7
F a c t s & F i g u r e s 2 0 1 0
Research & Development
In close cooperation with customers, Knorr-Bremse expanded its research and development activities in 2010. Research and develop-ment expenditure in 2010 amounted to 175.3 million euros, which equates to 4.7% of sales.
7
Consolidated research and development expenditure in EUR millions
2006 141
2007 159
2008 171
2009 153
2010 175
As the global technology leader in the fields
of braking systems for rail and commercial
vehicles, Knorr-Bremse develops innovative
products distinguished by their safety, high
quality, reliability and customer benefits.
In 2010 the Group continued to pursue its
ambition of realizing innovative solutions
that meet local market and customer
requirements, and of continuously impro-
ving these solutions in the interests of its
customers, as evidenced by an impressive
number of innovations and awards.
8
K n o r r - B r e m s e G r o u p
Knorr-Bremse AG
Divided into tw
o corporate divisions
Rail Vehicle Systems
Commercial Vehicle Systems
The Knorr-Bremse Group is structured both divisionally and regio-nally. Under the umbrella of Knorr-Bremse AG are, on one side, the cross-regional Group divisions Rail Vehicle Systems and Commercial Vehicle Systems and, on the other side, the regional companies in Eu-rope, North America, South America, and the Asia-Pacific region. This structure allows Knorr-Bremse to meet the specific requirements of the markets in these regions while at the same time realizing cross-location and cross-regional synergy effects.
Regionalization and globalization
Regional holding
company for North
America
North America
Regional holding
company for South
America
South America
EuropeAfrica
Middle East
Regional holding
company for Asia/
Australia
Asia/Australia
Organizational Structure
8
9
F a c t s & F i g u r e s 2 0 1 0
Dr. Raimund KlinknerChairman
Heinz Hermann Thiele
Munich
Chairman, Entrepreneur
Dr. Eduard Gerum*
Rosenheim
1st Deputy Chairman, Vice President Global R & D, Knorr-Bremse Systeme für Nutzfahrzeuge GmbH
Manfred Wennemer
Bensheim2nd Deputy Chairman, Former Chairman of the Executive Board of Continental AG
Dr. Hans-Peter Binder
BergRetd. Member of the Board of Management of Deutsche Bank AG, Munich Branch
Dr. Martin Kimmich*
Munich (since July 1, 2010)IG Metall Trade Union Secretary, Munich Office
Klaus Gegenfurtner*
Aidenbach
Toolmaker, Knorr-Bremse Systeme für Nutzfahrzeuge GmbH
Heinz Hausner*
Salzweg
Assistant Representative of the IG Metall Trade Union, Passau Office
Frank Hellmer*
Munich (since April 1, 2010)
Test engineer, Knorr-Bremse Systeme für Schienenfahrzeuge GmbH
Dr. Kurt Kiethe
Munich
Attorney at law
Dr. Wolfram Mörsdorf
EssenRetd. Member of the Executive Board of ThyssenKrupp AG
Werner Ratzisberger*
AldersbachChairperson of the Works Council of Knorr-Bremse Systeme für Nutzfahrzeuge GmbH, Aldersbach Plant
Dr. h. c. Horst Zimmer
Lampertheim-HofheimRetd. Member of the Board of Management of Mercedes-Benz AG
Elfriede Hilger*
Munich (until March 31, 2010)Chairperson of the General Works Council of Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, Chairperson of the Works Council of Knorr-Bremse AG, Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, Munich Plant, and KB Media GmbH
Daniela Fischer*
Bruckmühl (until June 30, 2010)Head of the Legal Office of the IG Metall Trade Union, Munich Office
* Employee representative
Klaus Deller Dr. Dieter Wilhelm
Executive Board & Supervisory Board
Supervisory Board
Executive Board
9
Dr. Lorenz Zwingmann
1 0
Knorr-Bremse Rail Vehicle Systems is the world’s leading manufacturer of braking systems for mass transit and long-distance rail networks. Knorr-Bremse braking systems are used in high-speed trains as well as locomotives, multiple units, subways, street cars and freight vehicles. At the end of 2010, the Rail Vehicle Systems division employed over 9,500 people and achieved annual sales of 2.02 billion euros.
Rail VehicleSystems
Safety, customer benefits, innovationSystems from Knorr-Bremse are used
around the globe and provide more
safety and comfort in rail traffic. Knorr-
Bremse offers individual solutions for
every type of vehicle and every area of
application worldwide. Braking systems
for the OEM market have undergone
extensive development with a series of
innovations for increased customer ben-
efits and the market position was further
developed.
New products in 2010 include the
further developed metro brake control
system EP2002, which considerably
simplifies the spatial integration of the
brake controls in the vehicle, and the
soundproofed oil-free piston compres-
sor. Integrating the oil-free piston com-
pressor into a sound capsule is Knorr-
Bremse’s intelligent solution to satisfy
ever more stringent sound emission
requirements. Moreover, the capsule
provides increased protection against
dirt and water and in addition protects
against rock and ice fall.
Along with braking systems, innovative
train entrance systems from IFE, plat-
form screen doors from Westinghouse
Platform Screen Doors, air condition-
ing systems from the subsidiary Merak,
and driving simulators from Sydac are
other specialties in the range of services
from the Knorr-Bremse Group. The Rail
Vehicles product portfolio also includes
sanding units, modern driver assistance
systems, and auxiliary equipment such
as derailment detectors.
Worldwide sales figures for the Rail Vehicle Systems division in EUR millions
2008 1,431
2009 1,553
2010 2,024
K n o r r - B r e m s e G r o u p
1 1
Products
Air supply Compressors Air dryers Air supply units
Bogie equipment Brake discs
Brake calipers Brake cylinders Slack adjusters Magnetic track brakes Eddy-current brakes
Brake control Control units
Brake control units Sensors and diagnostics
Hydraulics Hydraulic units
Brake actuators Hydraulic suspension systems
Auxiliary equipment Sanding systems
Brake testing equipment Derailment detectors
Further products Automatic door systems
Platform screen doors Air conditioning systems Power metering Power resistors Rail vehicle driving simulators LEADER® driver assistant Video surveillance systems On-board network and passenger information systems Bogie diagnostics Windscreen wiper and wash systems Level crossing protection systems Railway signals On-board computers Current and voltage transformers
F a c t s & F i g u r e s 2 0 1 0
1 2
K n o r r - B r e m s e G r o u p
1 2
Knorr-Bremse Commercial Vehicle Systems offers its customers braking systems for trucks, buses, trailers, and agricultural machinery. In the area of chassis systems, Knorr-Bremse is a leader in both electronic controls and driver assistance systems, as well as in air treatment, and makes a significant contribution to safety on the road. Additional pro-duct areas are power train systems, and torsional vibration dampers for diesel engines. With over 6,500 employees, the division achieved sales of 1.70 billion euros in 2010.
Safety and efficiency through innovation
As a manufacturer of safety-related bra-
king systems, Knorr-Bremse is called on to
make a crucial contribution to traffic safety.
Electronic systems play an ever larger role
here. Knorr-Bremse is strongly committed
to the development of driver assistance
systems and is the first manufacturer to
offer an electronic stability program (ESP)
for tractor vehicles along with the ESP for
articulated trains and the roll stability pro-
gram (RSP) for trailers.
The next level of development is so-called
forward-looking systems, which incorpo-
rate environmental data based on radar,
video, or ultrasound in their processes,
thus effectively supporting the driver. In
the Autonomous Emergency Brake System
(AEBS), for example, a radar sensor conti-
nually measures the distance to the vehi-
cle in front. If the distance decreases too
quickly, the system can intervene in the
brake controls and help to avoid accidents.
As part of the current market demand
regarding the use of modern hybrid
technologies in commercial vehicles,
Knorr-Bremse began the serial production
of screw compressors for hybrid buses
in the spring of 2010. Furthermore, the
Tire Pressure Monitoring System (TPMS)
has been applied to operation in Europe.
TPMS monitors tire pressure, continually
Commercial Vehicle Systems
Worldwide sales figures for the Commercial Vehicle Systems division in EUR millions
2008 1,975
2009 1,221
2010 1,701
1 3
F a c t s & F i g u r e s 2 0 1 0
1 3
checking the pressure and temperature of
the tires of tractor-trailers, trailers, trucks,
and buses. If the tire pressure drops below
a certain level, thus threatening danger,
the driver is warned.
Products
Torsional vibration dampersCompressors Coupling operation and transmission controlAir treatment Air dryers EAC (electronic air treatment unit)Electronic systems ABS (anti-lock system) ACC (adaptive cruise control) AEBS (Autonomous Emergency Brake System) ASR (traction control)
EBS (electronic braking) ELC (electronic level control) ESP (electronic stability program) RSP (roll stability program) TPMS (Tire Pressure Monitoring System) TRM (Trailor Roadtrain Module)ValvesDisc brakesDrum brakesSlack adjustersCylinders
1 5
F a c t s & F i g u r e s 2 0 1 0
1 5
Group workforce acc. to regions on Dec. 31, 2010Group workforce on Dec. 31, 2010
The high level of commitment and motivation of its employees also ensured that Knorr-Bremse could continue to strengthen its position in the global market in 2010. After the necessary personnel adjustment measures in 2009, especially in the Commercial Vehicles division – caused by the impact of the global economic crisis – the number of employees Group-wide again increased in 2010.
At the end of 2010, the Knorr-Bremse
Group recorded a growth of 1,845 emplo-
yees from the previous year, to a total of
16,277 employees. Thus, there were 12.8%
more employees in the year under report
than in 2009. With 3,235 employees (pre-
vious year: 3,071), just under one fifth of
employees were in Germany.
People and Careers
1 5
2006 13,035
2007 13,943
2008 14,999
2009 14,432
2010 16,277
The Americas 21.8% Asia/Australia 21.4% Europe 56.8%
1 6
K n o r r - B r e m s e G r o u p
Knorr-Bremse stands for excellence, globally recognized products, processes, and services. The personnel policy supports this through systematic and targeted personnel development measures. The company offers its employees extensive and targeted development opportunities both in the professional and personal area, thus resul-ting in a high number of highly qualified and motivated employees.
ManagementEvolution Program (MEP)Successfully established twelve years ago,
Knorr-Bremse’s Management Evolution
Program (MEP) gives new hires the op-
portunity to participate in three important
projects as trainees, gaining valuable
insights into operations in different parts
of the Group. The combination of direct
project responsibility and special training
courses helps to develop the trainees’ hard
and soft skills in a professional context. In
the year under review, strong growth in
the Asia region led to the inclusion of two
Chinese and one Indian participant in the
program for the first time. Knorr-Bremse
has given priority to the continued inter-
nationalization of the MEP.
Human Resources Development
1 6
TalentManagementA comprehensive talent management
program develops qualified successors
for key management positions and offers
high potentials attractive career opportu-
nities within the Group. The International
Development Center and International
Development Programs modules for juni-
or managers were redesigned and rewor-
ked during 2010. The Development Cen-
ter, which is held several times each year,
allows Knorr-Bremse to identify individual
strengths and areas for improvement and
to define targeted and systematic profes-
sional development measures for each
participant.
1 7
F a c t s & F i g u r e s 2 0 1 0
Cooperation in Research & DevelopmentFor Knorr-Bremse as a leading technology group – which has signi-ficantly advanced and influenced the development, production, and marketing of modern braking systems for over 100 years – it is important to stay up-to-date and promptly pursue both technologi-cal and socio-cultural developments. That is why Knorr-Bremse seeks targeted cooperation with selected partners in the areas of research & development, skills development, and training.
Cooperation partners
Budapest University of Technology and EconomicsJoint projects: Vehicle stability control concepts, video recognition systems, testing procedures for electronic brake systems
Berlin Technical University
The EU MODBRAKE project
Munich Technical University
Collaboration with various university departments
Deutsches Zentrum für Luft- und RaumfahrtJoint projects: Development of innovative braking systems for rail vehicles
University of MannheimChair of economic and organizational psychologyJoint projects: Worldwide Employee Satisfaction Survey
Rhenish-Westfalian Technical University in AachenCooperation with the Institute for Rail Vehicles and Materials Handling Technology
1 7
Company profileMaking mobility safe – this is the daily mission of Knorr-Bremse.
The company is the world’s leading manufacturer of braking systems for rail and commercial vehicles. For more than 100 years now the company has pioneered the development, production, marketing and servicing of state-of-the-art braking systems. In the rail vehicle systems sector, the product portfolio also includes intelligent door systems, air conditioning systems, control components and wind-screen wiper systems, as well as platform screen doors. In the com-
mercial vehicle systems sector, the product range includes complete braking systems with driver assistance systems, as well as torsional vibration dampers and powertrain-related solutions, and transmis-sion control systems for improved efficiency and fuel economy.
More than a billion people worldwide rely daily on Knorr-Bremse systems.
Contact
Knorr-Bremse AGMoosacher Straße 8080809 MunichGermany
Corporate CommunicationsChristoph GünterTel: +49 89 3547-1402Fax: +49 89 3547-1403E-Mail: [email protected]
Additional information about Knorr-Bremse: www.knorr-bremse.com
Global PresenceKnorr-Bremse has over 85 locations in more than 25 countries around the world.