Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
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<strong>Report</strong><br />
Despite a volatile business environment, <strong>Knorr</strong>-<strong>Bremse</strong> was able to<br />
close its books on a positive year in <strong>2012</strong> and again posted sales of<br />
more than EUR 4 billion. As this shows, the Group with its two divisions,<br />
Rail Vehicle Systems and Commercial Vehicle Systems, has the<br />
right products to meet the often very special requirements of its<br />
customers. Together with a globally-oriented strategy founded on<br />
broad-based positioning in a large number of markets, in <strong>2012</strong> this<br />
again brought the Group outstanding ratings from two prominent<br />
rating agencies. <strong>Knorr</strong>-<strong>Bremse</strong> was able to not only reinforce its<br />
position in its traditional markets in the year under review but also<br />
gain a firm, long-term foothold in new marketplaces.<br />
For <strong>Knorr</strong>-<strong>Bremse</strong>, <strong>2012</strong> was a year marked not least by the introduction<br />
of new corporate values. “Entrepreneurship”, “Technological<br />
Excellence”, “Reliability”, “Passion” and “Responsibility” are the values<br />
that describe <strong>Knorr</strong>-<strong>Bremse</strong> and guide the way the company does<br />
business, each and every day.