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Alstom, Siemens to merge rail businesses to counter China's CRRC




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#1 DavidB-AU

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Posted 27 September 2017 - 10:10

German industrial group Siemens AG and French rival Alstom SA agreed to merge their rail operations, creating a European champion to better withstand the international advance of China’s state-owned CRRC Corp Ltd

https://uk.reuters.c...c-idUKKCN1C118S.
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#2 DIW

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Posted 28 September 2017 - 15:48

Let's imagine here ... the next series of TGV to undergo refurbishment gets fitted out with Siemen's seating from the class 450. That'll show'em!