Alstom (ALO-FR)

QUOTE AND NEWS
The Hindu Business Line  Mar 22  Comment 
French firm taps ‘Make in India’ to cut input costs for service starting next year
The Hindu Business Line  Mar 21  Comment 
Manufacture of Kochi Metro coaches commenced today at Sri City manufacturing unit of Alstom Transport India Ltd. The first train set for the Kochi Metro is likely to delivered by this yea...
Reuters  Mar 20  Comment 
* Follows suspension of executives, ratings downgrade (Recasts with ABB, details)
Biomass Magazine  Mar 18  Comment 
Alstom has signed two contracts with Danish power plant specialist Burmeister & Wain Scandinavian Contractor for geared reaction steam turbines (GRT) to be used in two U.K. biomass projects.
Financial Times  Mar 17  Comment 
Brussels concerned that $17bn merger could cut competition for gas turbines
Wall Street Journal  Mar 17  Comment 
European Commission said it had extended by a month its investigation into General Electric’s $17 billion acquisition of France-based Alstom’s energy businesses.
Clusterstock  Mar 17  Comment 
By Georgina Prodhan MUNICH, Germany (Reuters) - German industrial group Siemens is not discussing a joint venture in trains with French peer Alstom , its chief executive Joe Kaeser said. Kaeser had told French daily Le Figaro earlier this month...
Reuters  Mar 11  Comment 
A deal allowing the French state to buy up to 20 percent in engineering group Alstom from construction group Bouygues will become effective "in the coming months", Economy...
Clusterstock  Mar 11  Comment 
PARIS (Reuters) - General Electric Co will base its renewable energy unit in Paris and put a Frenchman in charge of the division after it completes the purchase of the energy activities of France's Alstom , Alstom chief Patrick Kron said on...
The Hindu Business Line  Mar 5  Comment 
The five power projects proposed may see investments of ₹1 lakh crore




 
TOP CONTRIBUTORS

French multinational conglomerate which holds interests in the power generation and transport markets. According to the company website, in the years 2007-'08

  • Alstom had annual sales of over €16.9 billion, and
  • employed more than 76,000 people in 70 countries.
  • Global 500 (2008) rank : 338
Alstom's headquarters are located in Levallois-Perret, near Paris.
CEO: Patrick Kron
Activities on official website: http://www.alstom.com/home/activities

Financial year 2007-2008

In financial year 2007/08, Alstom's Power Systems Sector booked:

  • a record 38 gas turbines, including 18 GT26.
  • a major contract for steam turbines and generators in a coal power plant in South Africa.
  • an order for four conventional islands in Chinese nuclear power plants.
  • several hydro projects in Brazil, China, Vietnam and Uganda.

Alstom's Power Service Sector signed:

  • 10 operation and maintenance contracts (mainly for gas-fired power plants)
  • many small and medium sized orders, notably in Europe and USA.

Alstom's Transport Sector achieved orders including:

  • a major contract for very high speed trains in France.
  • Pendolino high speed trains for the Helsinki - St Petersbourg line.
  • metros in New York and several other cities.
  • tramways in Dublin and Rotterdam
  • regional and suburban trains in Spain, Australia and Germany
  • a signalling system in Belgium
  • a maintenance contract in the UK.

2009

source Bloomberg Feb,9

The engineering group and its partners won a 6.8 billion-riyal ($1.8 billion) contract to build a 444- kilometer (276-mile) railway in Saudi Arabia, Saudi Gazette reported. The shares gained 2.28 euros, or 5.3 percent, to 44.64 euros.

source China Daily, Feb 10

Alstom will continue technology transfer to China and strengthen its presence in the country, which potentially boasts the world's largest market for infrastructure building.Technology transfer has been a key part of Alstom's strategy. It usually forms consortiums with local partners when bidding for projects in overseas markets.

Competitors

  • Siemens_AG_(SI)
  • Bombardier_(BBD-T)
  • Ansaldobreda (company based in Pistoia and Naples, Italy and responsible for designing and manufacturing railway and mass transit vehicles)

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