Saturday 25 October 2014
 
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Alstom

Alstom launches trains, railway management tools

Alstom has launched the ‘HealthHub,’ a new predictive maintenance tool able to monitor the health of trains, infrastructure and signalling assets using advanced data analytics to predict their remaining useful life. He

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French conglomerates win $2.7bn Qatar tram deal

French conglomerates Alstom and Vinci have signed a 2 billion euro ($2.72 billion) deal with Qatar to build a tram system in the future Lusail City, while the two countries also discussed a possible defence contract. The deal, whi

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France picks GE for Alstom venture

France has chosen General Electric to form an alliance with Alstom - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 per cent stake in the hotly-contested com

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Siemens, Mitsubishi ready with $12bn offer for Alstom assets

Germany's Siemens and Japan's Mitsubishi Heavy Industries are putting the finishing touches on a joint offer for Alstom's turbine businesses that includes a cash element of roughly 9 billion euros ($12.25 billion), sources close to t

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GE pledges 1,000 French jobs as part of Alstom deal

General Electric (GE) strengthened its position in the battle for the power arm of French group Alstom yesterday with a pledge to create 1,000 jobs in France and recognition from Paris that it had made a more acceptable offer. GE

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Germany backs Siemens-Alstom tie-up

Chancellor Angela Merkel said the German government would support a tie-up between engineering firm Siemens and French rival Alstom if the corporate decision makers decide that it would make sense. Cash-strapped Alstom, which make

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Siemens 'offers cash, trains swap for Alstom power'

German engineering group Siemens is offering Alstom half of its train-making business plus cash in exchange for its French rival's power turbines division, Le Figaro newspaper reported on Sunday. Le Figaro said it had seen the

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GE boss to meet French minister over Alstom deal

General Electric boss Jeff Immelt is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the global power arm of struggling French engineer Alstom, sources close to the matter said.

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Alstom wins $549m Iraq power plant contract

Alstom, a global leader in power generation, has secured a contract worth nearly 400 million euros ($549 million) from Eni Iraq BV to build a 740 MW1 Zubair gas-fired power plant, near Basra in southern Iraq. For this turnkey proj

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Alstom wins $549m Iraq power plant contract

Alstom, a global leader in power generation, has secured a contract worth nearly 400 million euros ($549 million) from Eni Iraq BV to build a 740 MW1 Zubair gas-fired power plant, near Basra in southern Iraq. For this turnkey proj

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