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
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