ALO Alstom SA

ALSTOM SA: Alstom completes transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail

ALSTOM SA: Alstom completes transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail

Alstom completes transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail

Closing of transaction with Hitachi Rail required by the European Commission in relation to the acquisition of Bombardier Transportation

1 July 2022 –  Alstom announced today that it has concluded the transfer of business activities related to Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail. The transaction is part of Alstom’s commitments to the European Commission in relation to Alstom’s acquisition of Bombardier Transportation.

Alstom will continue to honour its obligations under the existing orders for Rolling Stock from Trenitalia and ILSA to ensure a seamless transition.

The transaction complies with all applicable social processes and consultations with employee representative bodies and was subject to regulatory approvals.

About

Alstom
Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide sustainable foundations for the future of transportation. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. 150,000 vehicles in commercial service worldwide attest to the company’s proven expertise in project management, innovation, design and technology. In 2021, the company was included in the Dow Jones Sustainability Indices, World and Europe, for the 11th consecutive time. Headquartered in France and present in 70 countries, Alstom employs more than 74,000 people. The Group posted revenues of €15.5 billion for the fiscal year ending on 31 March 2022.

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EN
01/07/2022

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