Knorr-Bremse seeks further cooperation with Suzhou

Mayor of Suzhou Wu Qingwen meets with Marc Llistosella, CEO of Knorr-Bremse Group, on Aug 1. [Photo provided to chinadaily.com.cn]

Marc Llistosella, chief executive officer of Germany-based Knorr-Bremse Group, visited Suzhou in East China's Jiangsu province on Aug 1 to seek further cooperation.

Llistosella expressed his gratitude to Suzhou authorities for their support, saying that Suzhou is blessed with complete supporting industrial facilities and a superior business environment and Suzhou New District is a hotspot for investment.

Knorr-Bremse values its presence in Suzhou and expects more cooperation and exchanges with the city, Llistosella noted.

Knorr-Bremse Group, based in Munich with more than 300 branches in over 30 countries, is the world's leading manufacturer of braking systems and a leading supplier of safety sub-systems for rail and commercial vehicles.

Since 2004, the group has established five companies in SND and last year put the R&D center of its commercial vehicle system and the Suzhou production base into operation in the district.

Currently, SND houses nearly 2,000 foreign-invested businesses, including about 100 German companies in high-end manufacturing, rail transit, auto parts, and medical devices.