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Press Release01 July 2021Siemens Mobility GmbHMunich
Yunex Traffic brand launched
“The start of Yunex Traffic will
mark a significant milestone in the journey of Siemens Mobility. In today’s fast
changing world, companies must always be able and willing to adapt quickly and
effectively to new trends, customer preferences and changing competitive market
conditions, and that’s exactly what we are doing here. We believe Yunex Traffic,
under the expert leadership of Markus and Jan, will now be better positioned to
strategically pursue new opportunities, actively shape the market, and secure
the investments that will enable the business to grow,” said Michael Peter, CEO of Siemens Mobility.
As a
healthy business with annual revenue of more than 600 million euros and a
compound annual growth rate in orders of 8% in recent years, Yunex Traffic will continue
to be a leader in the field of adaptive traffic control and management, highway,
and tunnel automation as well as smart solutions for V2X and road user charging
(tolling). Automation and digitalization are a main focus of its portfolio
strategy, making use of the possibilities that cloud computing, 5G and AI
provide.
“Rapid population growth is
straining the transportation systems and road networks of major cities around
the world, and increasing levels of congestion, delays, and air pollution are
leading to a decline in quality of life. With digitalization and the use of
disruptive technologies, Yunex Traffic will actively shape the ‘what’s next in
traffic’ movement by enabling city and mobility operators worldwide to
intelligently optimize and integrate traffic management. This will not only
result in the greater availability and reliability of mobility, but the reduced
emissions will contribute to cleaner and more livable cities,” said Markus
Schlitt, CEO of Yunex Traffic.
Yunex
Traffic is active in over 40 countries worldwide and its intelligent mobility
solutions are currently being used in major cities across the world, including
Dubai, London, Berlin, Bogota, and Miami. Yunex Traffic is the only
supplier who can offer all major regional standards in Europe, UK, Asia, and
America.
For additional Yunex Traffic information, please visit: www.yunextraffic.com
Follow Yunex Traffic on Twitter at: @yunextraffic
Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2020, which ended on September 30, 2020, Siemens Mobility posted revenue of €9.1billion and had around 38,500 employees worldwide. Further information is available at:
www.siemens.com/mobility.