Knorr-Bremse AG KNRRY Stock

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking, entrance, and HVAC systems; power electrics; train control and management systems and control technology; electromechanical components and electrical traction equipment for light rail vehicles; stationary systems; digital solutions for optimization of rail traffic, automatic coupling systems; signal systems; stationary and mobile testing equipment; and wiper and wash systems for mass transit and long-distance rail vehicles. The Commercial Vehicle Systems segment provides pneumatic braking systems comprising brake control systems, disk brakes, drum brakes, brake cylinders, valves, and pedal units; steering systems and vehicle dynamics solutions; driver assistance systems; automated driving and electronic leveling control; energy supply and distribution systems, including compressors and air treatment products; and engine components and transmission control systems, such as vibration dampers, engine air management, transmission control, and gear/clutch actuation products for trucks, buses, trailers, and agricultural machinery. In addition, it offers leasing, holding, logistics, and media and IT services. The company was founded in 1905 and is headquartered in Munich, Germany. Knorr-Bremse AG operates as a subsidiary of KB Holding GmbH.