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A publicly traded French multinational company in the power generation and transport markets. Alstom develops and markets systems, equipment and services for the railway sector.
The company is involved in the light rail project in Jerusalem, which was designed to connect the settlement neighborhoods in occupied East Jerusalem with the western part of the city and with one another.
Alstom is the manufacturer and provider of the railroad cars for the Jerusalem light rail. Its wholly-owned subsidiary Citadis Israel Ltd. has the contract for providing maintenance for the project for 22 years.
In June 2013, Alstom sold its 20% stake in CityPass to Israel Infrastructure Fund (IIF) and Harel Insurance Investments and Financial Services Ltd for 30 million NIS. However, Alstom, along with the Ashtrom Group, remains the engineering and construction contractor for the project.
In December 2016, Alstom also started a joint pilot with the Jerusalem light rail and the Israeli technology company Mobileye.
Ownership
Alstom is publicly traded on the Paris stock exchange (Euronext: ALO).
Major shareholders: French state (20%), Bouygues (8.33%), DNCA Investments (3.08%) and State Street Corporation (2.87%)
Chairman and CEO: Henri Poupart Lafarge
Subsidiaries
CITADIS Israel Ltd. is a wholly-owned fully consolidated subsidiary.
The company also has wholly- and partially-owned subsidiaries in Algeria, Australia, Belgium, Brazil, Canada, China, France, Germany, Hong Kong, India, Italy, Mexico, the Netherlands, Romania, Singapore, South Africa, Spain, Sweden, the UK and the USA.
Partners
Alstom’s key partnerships include a partnership with the Russian firm Transmashholding (TMH), a partnership between the Passenger Railway of South Africa and its subsidiary Gibela, jointly held with South African partners and a joint venture with Indian Railways.
All the information contained in this page is valid until Mon 24/04/2017
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