Treasury Today Country Profiles in association with Citi

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Sigurd Dahrendorf, Knorr-Bremse

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The Knorr-Bremse Group is the world’s leading manufacturer of braking systems for rail and commercial vehicles. In 2008 the Group posted sales of €3.38 billion and employed a workforce of 15,000. This month, Sigurd Dahrendorf, Head of Knorr-Bremse’s Munich-based Corporate Treasury, tells us about the company’s supplier finance programme – a project which was Highly Commended in the 2008 Treasury Today Adam Smith Awards.

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