Tag archive for ‘Alstom’
News Brief On Tuesday, November 3rd, 2015

GE’s Acquisition of Alstom’s Power and Grid Business Is Official

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed More...

Hedy Cohen On Wednesday, July 15th, 2015

China CNR disqualified from Israel Railways tender

The bid made by China North Railway (CNR) in the huge Israel Railways locomotives tender has been disqualified, sources inform “Globes.” The reason is the company’s merger with fellow Chinese More...

Hedy Cohen On Thursday, May 21st, 2015

Alstom, Bombardier threaten to sue Israel Railways

Alstom and Bombardier are threatening to sue Israel Railways over a dispute related to a current tender worth an estimated $3.6 billion. They claim that two of the Chinese companies in the electrification contract More...

Eli Horn On Thursday, January 22nd, 2015

France’s Alstom Maintains Full-Year Target, Hopes to Export Trains via Russia

  France’s Alstom, which is selling most of its power equipment business to General Electric, confirmed its full-year revenue and profit target after posting a 10 percent quarterly sales jump More...

Reuters On Monday, December 22nd, 2014

Alstom CEO Kron to Pay Record $772 Million to Settle US Bribery Charges

– The French power and transportation company Alstom will pay a record $772.3 million fine and plead guilty to settle U.S. criminal charges that it funneled million of dollars in bribes through sham consultants More...

Clive Minchom On Saturday, February 15th, 2014

BrightSource Energy Switches On $2.2 Billion Solar Project In California’s Mojave Desert

– BrightSource Energy is an Oakland, California headquartered company, with its engineering and R&D operations located here in Israel, in Jerusalem. It designs, builds, finances,  More...

Levi Shapiro On Wednesday, November 20th, 2013

French President Hollande Leads Delegation of Business Leaders to Meet Israeli Startups

– Francois Hollande, President of France, led a delegation this week of 260 senior French executives and government officials to Israel for the 2nd annual France-Israel Innovation Day. The objective More...

Amiram Barkat On Wednesday, October 2nd, 2013

Israel Electric co to file NIS 4 billion ($1.1 billion) suit against Siemens, Alstom, and ABB

– Siemens, Alstom, and ABB were part of the gas insulated switchgear cartel, which allegedly fixed wins in 50 IEC projects. –   Sources inform ”Globes” that Israel Electric More...

Globes On Monday, July 1st, 2013

Alstom sells Jerusalem light rail stake for NIS 30 million (about $8.3 million)

–  Alstom sold its 20% stake in CityPass to partners Harel Insurance and Israel Infrastructure Fund. – / By Amiram Barkat / Sources inform ”Globes” that France’s Alstom SA (Euronext: More...

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