Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 3

Alstom 

is a large French multinational conglomerate which holds interests in the power


generation and transport markets. Alstom's headquarters are located in Levallois-Perret,
near Paris. Its current CEO is Patrick Kron. Alstom is active in the field of hydroelectric power
generation; in conventional islands for nuclear power plants; and in environmental control
systems. It is also the manufacturer of the AGV, TGV, and Eurostar series, as well as
of Citadis trams. Alstom is also present in the urban transport market, and is behind regional
train models, signalling infrastructure equipment, and a number of associated services.
 1928 The beginning of Alsthom was from the merger of Thomson-Houston and Société
Alsacienne de Constructions Mécaniques (SACM), with its 1st factory in Belfort
 1932 Alsthom acquires Constructions Electriques de France, Tarbes, a manufacturer of
electric locomotives as well as electrical and hydraulic equipment. Transport thus
becomes a part of Alsthom
 1969 Compagnie Générale d'Electricité (CGE) becomes majority shareholder of Alsthom
 1976 The Group merges with Chantiers de l’Atlantique to become Alsthom Atlantique,
bringing Marine into Alsthom’s portfolio.
 1977 Alsthom constructs the 1st 1300MW generator set for the Paluel power station
which set a world record with an output of 1500 MW.
 1978 The first TGV is delivered to SNCF. The TGV went on to break world rail speed
records in 1981 (380 km/h) and 1990 (515.3 km/h), and achieved the world endurance
record for high speed train lines in 2001, travelling from Calais to Marseille (1067.2 km)
in 3 hours and 29 mins.
 1986 The Alsthom Belfort site receives an order from EDF for the largest gas turbine in
the world (212MW)
 1989 GEC ALSTHOM is formed from the merger of the power and transport activities of
Compagnie Générale d'Electricité (CGE) and the UK GEC. France’s market was no
longer sufficient, so the merger was to enable ALSTHOM to export into Europe.
 1994 LHB Salzgitter joins GEC Alsthom
 1995 Outstanding shares in MAN Energie (steam turbines) are acquired
 1998 GEC Alsthom acquired Cegelec (electrical contracting) as Alstom Power
Conversion
June: the Group is introduced on to the Paris Stock Exchange and changes its name from
GEC ALSTHOM to ALSTOM. GEC and Alcatel sell off part of their stakes in the capital
(23.6% each).

 1998ALSTOM acquires Sasib Railways (Italy), which also adds the former General
Railway Signal (USA)
 1999ALSTOM acquires the Canadian Télécité Inc., a worldwide Centre of Excellence in
passenger information and security solutions ALSTOM and ABB merge their energy
businesses in a 50-50 joint company known as ABB ALSTOM POWER.ALSTOM sells
its heavy duty gas turbine business to General Electric.
 2000 ALSTOM acquires ABB’s share in ABB ALSTOM POWER.ALSTOM
acquires a 51% stake in Fiat Ferroviaria, the Italian rail manufacturer and world
leader in tilting technology.
 2003 ALSTOM supplies the highest capacity automated metro in the world to
Singapore
 2004January: ALSTOM sells its T&D activities to Areva. The French State takes
up a 21% stake in ALSTOM’s capital to support the recovery of the company.
ALSTOM delivers the Queen Mary 2, the world’s largest ocean liner, to Cunard.
ALSTOM sells ALSTOM Power Rentals to APR LLC later becoming APR
Energy LLC ALSTOM sells the diesel locomotive manufacturer formerly
known as Meinfesa (in Valencia, Spain) to Vossloh AG. ALSTOM receives EU
approved, French government bailout totalling 1.84 billion euros. 2005 GT 24/26
turbines achieve 1.5 million operating hours and major sales to countries such as
Italy, Germany, Spain and Thailand demonstrating the Group’s return to the gas
turbine market with a technologically advanced product.ALSTOM sells its
Marine Division to the Norwegian group Aker Yards. ALSTOM commits itself to
keeping 25% of the shares until 2010.On 27 April, ALSTOM signs a cooperation
framework agreement with Bouygues, the French conglomerate, for the purchase
of the 21% stake in ALSTOM that the French government held. Later in the year,
Bouygues increase its shareholding to 24%.ALSTOM launches major clean coal
technology initiative with the EU.
 2006 ALSTOM sells ALSTOM Power Conversion which
became Converteam Group in a leveraged buy-out (LBO) deal funded by
Barclays Private Equity France SAS  Following a new Graphic Chart, the Group
name is now written "Alstom", with the exception of the legal entities which are
written with ALSTOM in capitals, e.g. ALSTOM S.A. April: on a test run in
France, TGV Est set the world speed record for rail vehicles of 574.8 km/h 25
June: Acquired the Spanish wind turbine manufacturer Ecotècnia, and was
named Alstom Ecotècnia until April 2010, when the Ecotécnia name was
dropped. The new entity legal name is Alstom Wind
 2009 Alstom acquired 25%+1 share of Russian Transmashholding.
 2010 Alstom re-acquires the Electric power transmission Division of Areva
SA (previously sold to Areva in 2004). A new division is created called Alstom
Grid.

You might also like