Alstom (ALO-FR)

QUOTE AND NEWS
The Hindu Business Line  Apr 1  Comment 
Alstom T&D India and Alstom Grid UK Ltd have won a €22.75-million (Rs 182-crore) contract from state-run Power Grid Corporation to supply and refurbish High Voltage Direct Current (HVDC) conver...
Wall Street Journal  Apr 1  Comment 
French power and transport engineering group Alstom made a first step toward improving its cash-flow squeeze by selling part of its steam power business to investment fund Triton.
New York Times  Mar 28  Comment 
Discussions are said to be continuing between the company, an industrial conglomerate and the Justice Department over a possible fine.     
The Economic Times  Mar 20  Comment 
Alstom T&D Ltd is a ‘BUY’ call with a target of Rs 235 and a stop loss of Rs 210.
The Hindu Business Line  Mar 19  Comment 
Alstom T&D India has bagged a euro 20.1-million contract from State-run Power Grid Corporation for supplying equipment at various centres in North India. “Alstom T&D India has sec...
The Hindu Business Line  Mar 12  Comment 
Software services company Tech Mahindra has launched a global development centre together with Alstom Transport, a manufacturer of Rail Technology. This follows a three-year partnership signed bet...
The Economic Times  Mar 11  Comment 
Basu will also continue to head Alstom T&D India Limited (ATDIL) as the managing director, in addition to his new role.
The Hindu Business Line  Mar 10  Comment 
France-based Alstom on Monday said Rathin Basu would be Country President of Alstom India & South Asia from April 1. At present, Basu is the Managing Director for Alstom T&D India, the Gro...




 
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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