SiemensAlstom

SIEMENS’ Mobility division will be transferred into a legally separate company owned by Siemens in anticipation of its merger with Alstom, as part of a Siemens’ company-wide restructuring announced on…
THE European Commission (EC) confirmed on July 13 that it has launched an “in-depth” investigation into the merger of Siemens mobility and Alstom amid concerns that the combination may adversely…
COMPLETION of the planned merger between Siemens’ Mobility division and Alstom could be delayed until from the end of 2018 until some time during the first half of 2019 due…
THE planned merger between Siemens Mobility and Alstom has moved a step closer after Siemens has passed two key legal hurdles in France.
THE ranking of the world’s largest railway equipment suppliers is set to change when the agreed merger between GE Transportation and Wabtec comes into force, according to analysis by IRJ.
ALSTOM achieved a 22% increase in adjusted Ebit and a 39% increase in net profit in 2017-18 despite a 28% drop in orders received and a 2% decline in its…
THE merger of Siemens’ mobility business and Alstom reached a milestone on March 23 with the signing of a Business Combination Agreement (BCA) setting out terms and conditions agreed by…
SIEMENS announced on October 4 that Mrs Sabrina Soussan and Mr Michael Peter have been appointed to lead the company’s mobility division, succeeding Mr Jochen Eickholt, who has been appointed…
CAF says it has no intention of altering its strategic plan following the announcement earlier this week that Alstom and Siemens Mobility will merge to create the world’s second largest…

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