The Limited Times

Now you can see non-English news...

Railways: towards new consolidations in Europe

2020-10-28T17:20:53.389Z


DECRYPTION - The Spanish CAF and the Swiss Stadler act as targets as the Chinese CRRC and the Japanese Hitachi Rail are on the lookout and Siemens Mobility finds itself isolated.


The emergence of the new Alstom, enriched by Bombardier Transport, will it cause a new wave of consolidations in Europe?

It is very likely, according to several observers.

The Old Continent represents 47% of the market estimated at 177 billion euros in 2019, according to the Union of European Railway Industries (Unife).

The European market is mature but it is buoyant, thanks to the wave of fleet renewal, digitalization and the “greening” of public transport.

As such, he will benefit from the recovery plans.

Read also:

The European champion Alstom-Bombardier soon on the rails

Object of all envy, Europe was the target of an Asian offensive from the mid-2010s. In 2014, the Japanese Hitachi Rail offered the Italian Ansaldo.

A target that was eyeing the new world number one, the Chinese CRRC, born from the merger between the public groups CRC (rolling stock) and CRS (signaling).

With this giant of 29.4 billion euros in sales in 2019, Beijing has equipped itself with a war machine to conquer

This article is for subscribers only.

You have 86% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-10-28

You may like

News/Politics 2024-03-12T19:02:45.510Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.