About our Alstom news
Latest news on Alstom SA, providing comprehensive coverage of the French multinational company's latest contracts, financial results, mergers, acquisitions, and innovations in the rail transport industry.
Alstom is a global leader in rail transport, active in the fields of passenger transportation, signalling, and locomotives. With a presence in over 60 countries and a workforce exceeding 80,000 employees, Alstom plays a crucial role in shaping the future of sustainable mobility.
The company has recently been in the spotlight due to its €6.2 billion acquisition of Bombardier Transportation, finalised in January 2021. This strategic move has strengthened Alstom's position in the rail industry, despite the European Commission's decision to block a proposed merger with Siemens Mobility in 2019. Alstom has also been awarded significant contracts, such as a €2.5 billion deal with Amtrak to supply next-generation high-speed trains for the Northeast Corridor in the United States.
Alstom's commitment to innovation and sustainability is evident through its development of cutting-edge technologies, such as the Avelia Liberty high-speed trains and the Coradia iLint, the world's first hydrogen-powered train. The company also actively participates in community initiatives and local events in the regions where it operates, demonstrating its dedication to social responsibility.
Founded in 1928, Alstom has a rich history marked by numerous mergers, acquisitions, and partnerships. The company has played a pivotal role in the development of iconic rail projects, such as the TGV high-speed trains in France and the London Underground. However, Alstom has also faced challenges, including a financial crisis in 2003 and a bribery scandal that led to a record $772 million fine by the U.S. Department of Justice in 2014.
As the rail industry continues to evolve, driven by the need for sustainable and efficient transportation solutions, staying informed about Alstom's latest developments is crucial. Our NewsNow feed delivers comprehensive, up-to-date coverage of Alstom from reliable sources, ensuring that you have access to the most relevant information about this key player in the global rail transport sector.