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Alstom nearing $700 million U.S. bribery settlement - source
2014-12-16 18:58:58| Chemicals - Topix.net
Alstom SA is close to settling a bribery case with the U.S. Justice Department for $700 million , a person close to the matter said on Tuesday, in what would be the largest criminal fine levied by the United States for foreign bribery. A top Justice Department official said in a speech last month that Alstom executives along with Japanese partner Marubeni Corp for many years engaged in a scheme to pay millions of dollars in bribes to a high ranking member of the Indonesian parliament and other Indonesian officials in exchange for help in securing a $118 million contract in Indonesia.
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million
settlement
nearing
Alstom purchases 25% share in EKZ joint venture
2014-12-11 01:00:00| Railway Technology
French rail manufacturer Alstom has signed a contract with the national rail company Kazakhstan Temir Zholy (KTZ) to purchase an additional 25% share in the EKZ joint venture.
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joint
purchases
venture
Alstom delivers first Régiolis train to Poitou-Charentes region, France
2014-12-09 01:00:00| Railway Technology
French train manufacturer Alstom has delivered the first Régiolis train to Poitou-Charentes, a French administrative region.
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region
train
delivers
Alstom and OHL to deliver metro system for Mexico's Guadalajara Line 3
2014-12-02 01:00:00| Railway Technology
The Mexican Secretariat of Communications and Transportation (SCT) has awarded a 380m contract to French train manufacturer Alstom and OHL Group subsidiary CPVM to deliver a full metro system for Guadalajara Line 3 in Mexico.
Tags: system
line
deliver
metro
Alstom manufactures first body-shell of X'Trapolis Mega train for South Africa's PRASA
2014-11-28 01:00:00| Railway Technology
Alstom has manufactured the first complete body-shell of the 20 X'Trapolis Mega commuter trains to be built at its Lapa manufacturing plant in Brazil.
Tags: south
train
mega
manufactures
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