The new center was erected with an investment of HUF 2.5 billion from the company’s own source which includes the development of site infrastructure (HUF 1.4 bln) and technological development (HUF 1.1 bln). As a result of the investment, the service competencies of the company have been further extended with pneumatic brake control and air supply functions. Hungarian professionals at the center will serve more than 100 Knorr-Bremse partners in many countries of Europe.

“Due to the development, we will be able to carry out complex renovation projects with competitive lead time and in the high quality required. We will serve more than 100 partners – through partner factories – in many countries of Europe primarily England, Austria, Poland, Germany, Italy, Switzerland and, of course, Hungary, and even some countries of Asia too" László Veres, general manager of Knorr-Bremse Budapest pointed out highlighting the significance of the investment.

The event was attended by the Ministry of Foreign Affairs and Trade’s State Secretary for Communication and the International Representation of Hungary Tamás Menczer. 

"I consider this investment important in many respects: not only because the HUF 2.5 bln investment has created 55 new jobs, but also because Knorr-Bremse's range of service competencies has been significantly expanded due to the development of the site infrastructure, the facility and the technology," Menczer remarked.

The brake systems developed and manufactured at Knorr-Bremse Budapest are used in vehicles running in more than a hundred countries of the world: in high-speed trains, passenger and freight trains, trams and metro trains. The bogie equipment for the Japanese super express train Shinkansen is also assembled in the Soroksár factory. FLIRT trains and CAF trams operating in Hungary are equipped with brakes produced there too. Products of the company can be found in Siberia, Nigeria, and in the metro cars of Hongkong and London, even in the freight cars of many kilometers long meandering through the American prairies.