Knorr-Bremse is a world leading German manufacturer of brake systems for rail and commercial vehicles, which has been pioneering marketing, sales and production of modern brake systems for a variety of applications for over 100 years. In 2004 the Group‘s workforce of over 11,000 employees achieved worldwide sales of EUR 2.4 billion. In order to develop the business in China, in February 2005 a new WOFE of first-phase investment of RMB 230 million was established in Suzhou.