KNORR-BREMSE克诺尔集团2021年年度报告（英文版）

The year 2021 was another time of major challenges for our customers, employees and Company. There is barely any industry out there that has been able to evade the impacts of the global Covid-19 pandemic. Orders have been postponed worldwide while supply chains have had to face delays and massive fluctuation. In this difficult situation, the business models of our rail and commercial divisions have once again proven to be resilient and crisis-proof. Our revenues have increased significantly