Keywords: Alstom
The French rail giant Alstom saw its shares tumble sharply on the Paris stock exchange, dropping by more than 30% shortly after trading opened on Friday. The dramatic decline followed the company’s announcement of revised financial targets, largely driven by ongoing delivery delays affecting its......
SNCF Voyageurs has announced the purchase of 15 additional next-generation TGV trains from Alstom, in a deal valued at approximately €600 million, reinforcing its long-term strategy to modernize France’s high-speed rail fleet. The order forms part of the fourth phase of a partnership launched......
French mobility leader Alstom has committed MAD 100 million ($10 million) to expand its industrial operations in Morocco, establishing the first global production line for multi-platform train driver desks. This strategic move strengthens Morocco's position in the global railway value chain. The......
French transport giant Alstom has secured a €260 million contract to upgrade the railway line connecting Kenitra and Settat, marking a major milestone in Morocco’s ongoing rail sector transformation. The deal, signed with a consortium that includes Alstom, INEO Rail, and INEOLUM, will see......
French President Emmanuel Macron has commended Morocco for its ambitious launch of the Kénitra-Marrakech high-speed rail line (LGV), a significant infrastructure project inaugurated by King Mohammed VI at the Rabat-Agdal train station. “Franco-Moroccan cooperation is advancing at high speed!......
Tangier is on the verge of becoming Morocco’s fourth city to implement a tramway system, following the announcement of an ambitious MAD 8.4 billion ($840 million) project. This initiative, which has been in the works since 2014, is now being propelled by the forthcoming 2030 World Cup, which Morocco......
French company Alstom has announced its commitment to provide Morocco with approximately 18 high-speed trains of the "Avelia Horizon" model, as part of the kingdom's railway network expansion. In a statement released recently, Alstom, a global leader in sustainable smart transport, confirmed......
The French government has extended a Treasury loan of €781 million to Morocco for the procurement of 18 high-speed trains (TGV) from Alstom. This investment is aimed at extending the high-speed rail line (LGV) to Marrakech. This funding is part of the ongoing Franco-Moroccan railway cooperation......
Morocco is nearing a decision in its ambitious plan to procure 150 regional and commuter trains, with the Spanish company Construcciones y Auxiliar de Ferrocarriles (CAF) and South Korea’s Hyundai Rotem emerging as the final contenders. This follows the exclusion of Talgo, Alstom, and the Chinese......
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