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Success in India: Knorr-Bremse partners with Alstom to equip metro trains for megacities Bhopal and Indore
- On behalf of Alstom, Knorr-Bremse is fitting braking and climate control systems to 52 Movia metros ordered by Madhya Pradesh Metro Rail Corporation Limited
- Trains will serve on metro lines currently under construction in Bhopal and Indore
- Knorr-Bremse systems are in high demand for major projects in the emerging Indian rail market
- For Knorr-Bremse, the order value is in the lower double-digit million-euro range
Knorr-Bremse is to equip more metro trains destined for major cities in India in partnership with Alstom. The equipment includes braking and climate control systems for 52 Alstom Movia trains with a total of 156 railcars ordered by Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) for Bhopal and Indore. Knorr-Bremse will also provide comprehensive services for these technologies over a 15-year period. With this order, Knorr-Bremse is benefiting from the dynamic development of India’s transportation sector while contributing to safe, reliable, eco-friendly mobility in the country’s mass transit segment.
Knorr-Bremse Sees Higher Profit Margin and Strong Cash Flow
- Robust demand continues in both divisions in the first nine months of 2023: order intake rises to € 6.2 billion
- Order book reaches a new record high of roughly € 7.2 billion
- Knorr-Bremse’s revenue increases by a significant 12.7% to roughly € 5.9 billion
- BOOST 2026 strategy program: efficiency increase measures show initial success; operating EBIT margin in third quarter rises to 11.5% (Q2/23: 11.1%)
- Free cash flow in third quarter rises significantly to € 230 million (Q3/22: € 38 million) with a cash conversion rate of 168% (Q3/22: 25%)
- Group confirms Guidance for 2023
Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems, today published its results for the first nine months and third quarter of 2023.
Dr. Nicolas Lange to join Knorr-Bremse’s Executive Board and guide the market leader’s rail business
- The Supervisory Board has appointed Dr. Nicolas Lange, Chairman of the Management Board of Knorr-Bremse Rail Vehicle Systems, to the Group’s Executive Board effective October 1, 2023
- Dr. Jürgen Wilder, the Executive Board member at Knorr-Bremse AG who previously oversaw the rail business, will leave the company on the best terms on September 30, 2023
- The Supervisory Board thanked Dr. Wilder for the exceptional work he performed as a member of the Executive Board
As the global market leader for braking systems and many other vehicle subsystems, Knorr-Bremse Rail Vehicle Systems ranks among the global forces that are driving the shift to sustainable transportation and next-generation mobility. Megacities are expanding, passenger numbers rising and both platforms and trains becoming more crowded. The growing demand for mobility, global supply chains, the need for more sustainable transportation and new trends in travel comfort leave the transportation sector facing worldwide challenges − and we are right in the middle of all this. All types of rail vehicle are affected and the entire vehicle life cycle, too. We are driven by the goal of adding value for our customers while at the same time making an effective and positive contribution to social and environmental developments.
We are pursuing the vision of a rapid, smooth and seamless flow of vehicles and fleets, of passengers and goods, of ideas and impulses. With this in mind, through our highly innovative and sustainable multi-system solutions we are making rail-borne transportation more reliable, better connected, safer, cleaner, more comfortable and more efficient.
The Rail division has an especially important part to play in the context of sustainability, because railways, trams and metro systems are key drivers of progress toward climate-friendly mobility.
Dr. Nicolas Lange – Member of the Executive Board of Knorr-Bremse AG with global responsibility for the Rail Vehicle Systems Division
Brand diversity at Knorr-Bremse
With leading-edge air brake control systems and components as well as train control systems, New York Air Brake supplies two of the key components for efficient rail transportation of passengers and freight.
IFE is consistently working on improving the entrance systems for light rail vehicles and metros, regional and commuter trains as well as high-speed and passenger trains and stimulating the market with its innovative ideas.
As a leading HVAC system specialist, Merak combines economy, eco-friendliness and passenger comfort in a coherent overall package for all climatic conditions and rail vehicle types.
With a strong presence in all the relevant markets, Microelettrica Scientifica is the leading developer and manufacturer of electromechanical and electronic components and systems for rail vehicles.
The TCMS solutions supplied by control, I/O, network and communication technology specialists Selectron provide the answers for rail vehicle automation and for keeping up with the latest digital connectivity trends.
Knorr-Bremse company Kiepe Electric is a globally renowned specialist in complete customized systems for electric rail vehicles, buses and trucks.
As a specialist in and world-leading manufacturer of fully integrated sanitary systems for passenger trains, Evac plays a key role in improving train availability and enhancing passenger comfort with its highly engineered vacuum toilet systems.
Zelisko develops energy, signalling and traffic management systems. Its portfolio includes current and voltage transformers, LED railway signals, railway crossing safety systems and combined ticket printer/on-board computers.
Outstanding performance, short maintenance times, high availability and complex vehicle modernizations: RailServices offers innovative life cycle management for everything from individual vehicles to entire fleets.
Take a look around: See for yourself what other exciting topics await you in the world of Knorr-Bremse
Take advantage of four attractive service models to make your vehicles and fleets even more efficient and available
Knorr-Bremse has bundled its aftermarket activities for the rail industry under the RailServices umbrella, offering innovative, manufacturer-independent solutions covering each rail vehicle’s entire life cycle. Based on our in-depth understanding of products, systems and operations. RailServices is a strategic service partner to vehicle operators and manufacturers around the world, supported by 40 dedicated service centers and more than 2,000 service engineers. Our specialists deliver optimized – because customized – solutions for streamlining our customers’ operations, offer vehicle maintenance to OEM quality standards, and use their proven expertise to enhance digital and automated maintenance and safety procedures. Significantly improving the availability of our customers’ rail vehicles and fleets.Read more
Knorr-Bremse RVS Calendar
We see it as our daily mission to make a significant contribution to greater safety and efficiency on roads and railways. That goes for passenger and goods transport – all over the world.Read more
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Dec 4, 2023, 11:36:10 AM
Dec 4, 2023, 11:36:10 AM