M&A Activity • Apr 23, 2015
M&A Activity
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23 April 2015
Alstom has been awarded two contracts worth around €170 million by Trenitalia, the Italian national train operator, for the supply of 25 additional "Jazz" regional trains. These new orders, which are exercised as two options under a contract signed in 2012, bring Trenitalia's Jazz fleet to 95 trainsets.
"Jazz" is the latest generation of Alstom's Coradia Meridian range designed for regional operators in Southern Europe, mainly in Italy. It is an Electric Multiple Unit (EMU) train that can run at a maximum speed of 160 km/h, offering accessibility for all thanks to its low floor. Designed to be eco-friendly, Coradia Meridian is 95% recyclable.
"Jazz is proving to be a reliable train appreciated by passengers. We are pleased that Trenitalia renewed its confidence in Alstom, recognising the commitment of the Company, that is on schedule for delivery under the contract terms, in this project", said Pierre-Louis Bertina, Alstom Transport Italy Managing Director.
Coradia Meridian regional trains are designed and manufactured by Alstom in Italy. Project development, most of the manufacturing as well as the certification are done in Savigliano site, in Cuneo. The Sesto San Giovanni plant (Milan) is responsible for the design and manufacturing of traction systems and auxiliary switchers. Trainborne signalling systems are delivered by the Bologna site.
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over €20 billion and booked €21.5 billion in orders in 2013/14.
Virginie Hourdin-Brémond (Alstom Group) – Tel. +33 (0)1 41 49 21 36 [email protected];
Linda Huguet / Justine Rohée (Alstom Transport) – Tel. + 33 (0)1 57 06 10 42 / 18 81 [email protected], [email protected]
Daniela Pradella (Alstom Italy) – Tel. +39 02 24 348 4493 [email protected]
Investor Relations: Delphine Brault – Tel. +33 (0)1 41 49 26 42 [email protected]
Website www.alstom.com
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