Annual Report 2010 - Knorr-Bremse AG.

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68 HIGHLIGHt RepoRt | SYSteMe RAIL VeHICLe FÜR SYSteMS SCHIenenFAHRZeUGe Valves for the world There are few rail vehicles for which Knorr-Bremse cannot supply a control valve that complies with the required standard. The company’s valves are used in their millions worldwide – but they are by no means interchangeable. In the past, various regions have set differing standards, none of which are compatible with one another. When selling to particular markets it is therefore essential to adapt products to the specific regional requirements. Control valves have to be capable of functioning reliably in desert sand but also at minus 60 degrees Celsius in the Russian winter.
RepoRt 69 From Europe to the world In the core European market, decades of experience, state-of-the-art technology and long service intervals have contributed to the success of the Knorr KE valve, which complies with the European UIC standard. The valve is globally regarded as a synonym for extreme reliability, having proved itself millions of times. The secret to its success is its continuous development: Improvements and innovations are tested on Knorr-Bremse’s UIC test bench in Munich, where engineers can simulate braking of trains up to 1,500 in length and record the performance data of every individual control valve. Acquisition of the US company New York Air Brake (NYAB) and the launch of the Knorr-Bremse DB60 control valve specially designed for the American AAR standard, marked the continuation of Knorr- Bremse’s worldwide expansion – and also gave the company access to the South African market, which uses the same standard. Knorr-Bremse valves are also installed in trains in Australia, where the AAR system is used for transportation of heavy iron ore and otherwise the Australian Railways ARA standard applies. Knorr-Bremse was also able to draw on its experience with adapting to the AAR standard when it entered the Russian market. In close collaboration with the Russian state railways the company developed valves for trains operating on 1,520 mm gauge tracks. They are designed to be easily installed on Russian trains and to be compatible with competing valves – but also to offer demonstrable advantages for operators. Close collaboration with local experts For a major project such as development of control valves for the GOST standard it was crucial for Knorr-Bremse to have the support of experienced Russian rail experts who were familiar with local conditions and knew what was important for the Russian market. But despite being able to call on their experience the project was a major challenge. Whereas in Europe and America the valves are designed to function at temperatures down to minus 40 degrees Celsius, in Russia the temperature limit was minus 60 degrees Celsius. Successful certification This certification project involved detailed testing of systems, components and materials on special test benches in Munich over a period of several months. Compatibility tests were backed up by field and operational testing. At the end of the year under review an important milestone was reached when the new valves were certified for the Russian market. Once in-service testing begins in 2011 the company will be well on its way to becoming a certified supplier of GOST standard control valves for use in Russia and the Commonwealth of Independent States.
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Annual Report | 2010 Knorr-Bremse G
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Main Majority-owned Subsidiaries of
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1/Overview 04 06 08 10 12 2010 at a
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Knorr-Bremse Rail Vehicle Systems i
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EXECUTIVE BOARD 7 Dr. Dieter Wilhel
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SUPERVISORY BOARD 9 Heinz Hermann D
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SUPERVISORY BOARD 11 Statements and
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14 The State and Development of Kno
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16 Development of the Knorr-Bremse
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Page 44 and 45: 40 RepoR t | RAIL Ve HICLe SYSteMS
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118 RepoRt | KnoRR-BReMSe GRoUp CSR
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120 RepoR t | KnoRR-BR e MSe GR o U
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3/ Notes to the Consolidated Financ
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NOTES TO THE CONSOLIDATED FINANCIAL
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CONSOLIDATED CASH FLOW STATEMENT 15
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SEGMENT REPORT 157 Fiscal Year 2010
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INDEPENDENT AUDITOR’S REPORT 159
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CONSOLIDATED STATEMENT OF INCOME 16
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