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UPDATE: Siemens-Alstom merger to be completed by end of 2018 SPEAKING at a joint Siemens-Alstom press conference in Paris on September 27, Mr Joe Kaeser, president and CEO of Siemens, confirmed that the merger of Siemens Mobility and Alstom should be completed at the end of 2018. Kaeser also said there will be redundancies.
positive-global-outlook-for-rail-industry-says-survey
THE global outlook for the railway industry remains positive according to the latest quarterly survey of senior managers from around 100 companies conducted by SCI Verkehr, which says its quarterly business index is now at...
siemens-announces-equity-investment-in-wi-tronix
SIEMENS has made what it describes as a “strategic equity investment” in predictive locomotive maintenance specialist Wi-Tronix, United States. While both companies have agreed not to release details of the transaction, Wi-Tronix will remain a...
eickholt-to-manage-siemens-alstom-integration
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 integration manager for the merger...
caf-siemens-alstom-merger-will-not-affect-strategic-plan
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 supplier of rail equipment. Speaking at...
will-alstom-siemens-merger-check-crrc’s-international-expansion?
THE merger of Alstom and Siemens’ Mobility division on September 26 might be read as a reaction to another recent tie-up in this age of consolidation in the railway rolling stock supply market: the combination...
alstom-siemens-mobility-merger-won’t-leave-bombardier-in-the-cold
SEPTEMBER 26 brought a double-dose of bad news for Bombardier, with the US Department of Commerce imposing punitive tariffs of 219% on the import of C Series aircraft and Alstom and Siemens announcing the combination of...
siemens-alstom-merger-to-be-completed-by-end-of-2018
SPEAKING at a joint Siemens-Alstom press conference in Paris on September 27, Mr Joe Kaeser, president and CEO of Siemens, confirmed that the merger of Siemens Mobility and Alstom should be completed at the end...
siemens-and-alstom-combine-mobility-businesses-in-merger-of-equals
ALSTOM and Siemens announced on September 26 that they have signed a Memorandum of Understanding to combine their mobility businesses in a "merger of equals." The combined company will be listed in France with its group headquarters...
bombardier-confirms-german-reorganisation
BOMBARDIER Transportation announced on September 25 that the company’s Management and General Works Council has signed a general company agreement formalising the transformation strategy for its German sites, announced on June 29, which will result...
thailand-unveils-$us-81bn-rail-development-plan
THAILAND’s Office of Transport and Traffic Policy and Planning has released a 20-year masterplan for rail development worth more than Baht 2.7 trillion ($US 81.57bn).   The plan is set to be divided into three periods: a...

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