Knorr-Bremse and Hyundai Rotem Sign 5-Year Framework Agreement

Brake and door systems manufacturer Knorr-Bremse has signed a five-year framework agreement with Korean rolling stock manufacturer Hyundai Rotem worth around 50 million euros.

Knorr-Bremse is to provide more than 2o0 hydraulic braking systems and entrance systems, along with heating, ventilation and air-conditioning systems (HVAC) for light rail vehicles manufactured by Hyundai Rotem.

These systems are not for a specific light rail contract Hyundai Rotem is delivering on. Instead, they will be fitted in LRVs that are to be deployed around the world.

Knorr-Bremse has not previously supplied all three of these types of subsystems for Hyundai Rotem LRVs. The runtime for this contract is 2023–28.

Jürgen Wilder, Member of the Executive Board of Knorr-Bremse AG with responsibility for the Rail Vehicle Systems division, said:

“Knorr-Bremse is geared towards providing future-driven solutions for local mass transit services that address the global megatrends of urbanization and mobility. South Korea, with its reputation as an innovation hub and trendsetter in modern transportation, is a highly relevant market for Knorr-Bremse. We are delighted to have won HRC’s trust once again. Apart from the purely technical advantages, this framework agreement provides opportunities for further synergies that will benefit both companies in the long term.”

The braking systems will be electro-hydraulic and include sanding systems and magnetic track brakes. The entrance systems will come from the IFE Knorr-Bremse brand. Lastly, the HVAC systems will be delivered by Knorr-Bremse’s brand Merak.

Hyundai Rotem and Knorr-Bremse have worked together in the tram sector before. The current framework agreement includes options to extend.

Jonathan Paddison, Member of the Board of Directors at Knorr-Bremse Asia Pacific, said:

“The ability to combine a technically standardized portfolio of subsystems that is, however, flexible enough to adapt to specific local customer and market requirements, as well as the great teamwork and coordination between our own teams, were crucial factors in achieving this agreement.

“Specifically, our multi-system strategy allows us to leverage our networks and solutions to identify synergies that directly benefit our customers. In the case of Hyundai Rotem, this has enabled us to come to a combined agreement spanning three major subsystems. Knorr-Bremse is a leader in providing this kind of portfolio for this vehicle segment.”

In addition to trams, Hyundai Rotem manufactures high-speed trains, locomotives, metro trains and maglev trains.

source= https://railway-news.com/knorr-bremse-and-hyundai-rotem-sign-5-year-framework-agreement/

Top