The world's first 100% hydrogen-powered fleet of trains supplied by French industrial giant Alstom SA started operating in Germany on Wednesday, supporting the country's decarbonization plans followed by the energy crisis across the continent.
As many as 14 regional trains emitting only steam...
French rail transport company Alstom SA announced on Friday that it will create 7,500 jobs in 2022, including around 6,000 engineers and managers and 1,500 workers and technicians. It stated approximately 1,000 of the positions will be based in France.
Alstom said it is expanding to answer the...
Alstom SA announced on Tuesday that it signed a contract worth €1.8 billion with Norwegian state-owned railway company Norske tog AS. The deal allows for orders of up to 200 Coradia Nordic regional trains, with deliveries expected to begin in 2025.
Alstrom said it has received the first firm order...
Bombardier announced on Wednesday it entered into a definitive agreement to sell its transportation business to Alstom for $8.4 billion.
The enterprise value of Bombardier Transportation reflects a $350 million reduction from the two companies' initial memorandum of understanding, offset by the...
Alstom SA and Bombardier Inc. said in a joint statement on Friday that they welcome the decision by the European Commission to conditionally approve Alstom's proposed acquisition of Bombardier Transportation, the Canadian company's rail unit.
For the deal to receive full clearance, Alstom would...
Alstom SA slumped nearly 5% on Tuesday after it made a deal to acquire Bombardier Transportation yesterday.
French rail transportation company signed a Memorandum of Understanding with Canadian Bombardier Inc. and Quebec Deposit and Investment Fund (CDPQ) to seal the €6 billion-worth...
French Finance Minister Bruno le Maire said on Monday the country's government will make sure that the European rail industry benefits from the recently signed deal between Alstom SA and Bombardier Inc.
Le Maire added that before the acquisition is finalized, it will have to be submitted to...
French rail transport company Alstom SA announced on Monday it signed a Memorandum of Understanding with Canadian Bombardier Inc. and Quebec Deposit and Investment Fund (CDPQ), as part of the Bombardier Transportation acquisition deal worth around €6 billion.
"I’m very proud to announce...
French Alstom SA is seeking to purchase Bombardier's train unit Bombardier Transportation, the company confirmed in a statement on Monday.
Alstom said discussions with the Canadian company are ongoing, but stressed that a decision is yet to be made. The deal is expected to be worth around $7...
The decision to stop the merger between the rail transportation company Alstom SA and German tech conglomerate Siemens AG is an "economic mistake" that will serve China's interests the most, France's Minister of Finance Bruno Le Maire (pictured) claimed on Wednesday, adding the...
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