Alstom (ALO-FR)

The Hindu Business Line  Feb 2  Comment 
Alstom T&D India said on Monday that it has commissioned Rajya Vidyut Prasaran Nigam’ substation in Anta, Rajasthan. This is the first 765 kV substation in the State and the second l...
Wall Street Journal  Feb 2  Comment 
When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom in December, there was a hitch: The French company couldn’t pay without hurting its ability to do business.
Wall Street Journal  Jan 30  Comment 
The deal with General Electric provides an opportunity for Alstom to bolster its world-class transportation business and boost its valuation.
The Economic Times  Jan 29  Comment 
Alstom T&D India Managing Director Rathin Basu said that though there are positive sentiments in the industry, market continues to be challenging.
The Hindu Business Line  Jan 29  Comment 
Reuters  Jan 28  Comment 
British prosecutors are investigating whether subsidiaries of Alstom, the French power and transport company at the centre of an international corruption inquiry, committed offences in Hungary, a London court heard on Wednesday.
The Hindu Business Line  Jan 28  Comment 
A trial date of mid-2016 has been set in the long-running corruption case involving French engineering firm Alstom and a contract for the New Delhi Metro. At a plea and management hearing held...
The Hindu Business Line  Jan 23  Comment 
Alstom Transport India Limited, a part of the Alstom Group, has been awarded two contracts worth around Euro 65 millions by the Delhi Metro Rail Corporation to supply telecom, electrifica...
Wall Street Journal  Jan 21  Comment 
In addition to the $17 billion GE is paying to acquire the energy assets of France-based Alstom SA, the company has agreed to additional contracts that will cost the equivalent of $464 million.
Jutia Group  Jan 21  Comment 
[Reuters] - France's Alstom, which is selling most of its power equipment business to General Electric, confirmed its full-year revenue and profit target after posting a 10 percent quarterly sales jump at its rail business. Alstom said it had...


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:

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.


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.


  • 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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