Knorr-Bremse transfers Russian assets to local investor

Multiple sources reported that Knorr-Bremse has transferred the assets of its Russian subsidiary to a local investor Tolvo Invest LLC. Knorr-Bremse's German subsidiary Knorr-Bremse Systeme fur Nutzfahrzeuge terminated its partnership with Kamaz in 2022. The company has transferred its stake in the Russian subsidiary ....

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