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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.

Tags: source 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.

Tags: share 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.

Tags: france 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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