ALSTOM SA: The Government and Alstom present the progress

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ALSTOM SA: The Government and Alstom present the progress of the commitments made for the maintenance of railway and industrial activities at the Belfort site

                                                                                                                                          

The Government and Alstom present the progress of the commitments made for the maintenance of railway and industrial activities at the Belfort site

17 February 2017 - Christophe SIRUGUE, Minister of State for Industry, and Henri POUPART-LAFARGE, Chairman and CEO of Alstom, presented today in Paris the progress of the commitments made by the Government and Alstom for the maintenance of rail and industrial activities at the Belfort site. For the second time, they convened the national monitoring committee, which brings together the State, the management and trade unions of the Alstom group, as well as the elected representatives of the territory of Belfort and the Burgundy-Franche-Comté region. The local committee, bringing together local elected representatives, trade unions, Alstom and the State services in the regions, was convened on 6 February under the authority of the Prefect of the Territory of Belfort.

The diversification of the Belfort site, in particular the services and maintenance activities, continues: since October 2016, Alstom has already invested one million euros in the development of a new industrial building dedicated to maintenance. On 6 February 2017 the State, local authorities, SNCF Réseau and Alstom signed a financing agreement for the electrification of the site's test track. These investments underline Alstom's decision to create a European locomotive maintenance centre in Belfort.

Akiem, a subsidiary of the SNCF group and Deutsch Asset Management, plans to entrust the maintenance of 23 locomotives to the Belfort site. This choice highlights the commitment to turn the Belfort site into the Alstom group's centre of reference for locomotive maintenance in Europe. The decision will be formalised by Akiem before 15 March.

In parallel, SNCF Réseau confirms its need for 20 emergency locomotives, the acquisition procedure of which will be decided in the coming weeks. The State will continue to accompany Alstom in the development of the bimodal locomotives, both through the support of the ADEME for the development of this new platform, decided last autumn and representing four million euros, and through export markets on which the company can position itself.

SNCF Mobilités has confirmed that it will buy 15 Euroduplex TGV trainsets to modernise its train fleet. The acquisition decision will be made at the Board of Directors' meeting to be held on 23 February. SNCF Mobilités and Alstom are continuing to hold discussions over the trains destined for the Paris-Milan line, their characteristics, the business plan and financing. Key steps have also been taken to develop the TGV of the Future as part of the innovation partnership between Alstom and SNCF.

The acquisition of the thirty regional TET trains (trains d'équilbre du territoire) was decided by the Passengers' Committee of SNCF Mobilités on 7 December and the financing voted at the AFITF Board of Directors' meeting on 31 January 2017. Notification of the order will be given before 10 March, just after the signing of the TET agreement between the State and SNCF.

The Government and the Chairman and CEO of Alstom welcome the achievement of several major milestones in the continuity plan for the rail activities of the Belfort site and will continue to pay close attention to its implementation.

Henri POUPART-LAFARGE said: "In line with the commitments made on 4 October, Alstom is investing in the creation of a European centre of excellence for maintenance in Belfort. This is reflected in the implementation of several Alstom investments, including the reconstruction of a test track on the site announced last week."

"The implementation of the continuity plan for the railway activities at Belfort is progressing and reflects the strong commitment of the Government to fulfil the commitments made. I am particularly attached to the growth of the new activities of the site, which will participate, alongside orders, in ensuring the continuity of Alstom's site at Belfort. I will of course pay close attention to the continuation of our collective efforts in this direction," said Christophe SIRUGUE.

About Alstom As a promoter of sustainable mobility, Alstom develops and markets systems, equipment and services for the railway sector. Alstom manages the widest range of solutions in the market - from high-speed trains to metros and tramways - customised services (maintenance, modernisation,...) and infrastructure and signalling solutions. Alstom is a world leader in integrated railway systems. It recorded sales of €6.9 billion and booked €10.6 billion of orders in the 2015/16 fiscal year. Headquartered in France, Alstom is present in over 60 countries and employs 31,000 people today. Alstom's employees in France total approximately 8,800, providing a pool of expertise to serve French and international clients. A job at Alstom creates about three amongst its suppliers.   www.alstom.com

Press contacts Justine Rohée - Tel. + 33 1 57 06 18 81 justine.rohee@alstom.com

Linda Huguet - Tel. + 33 1 57 06 10 42 linda.huguet@alstom.com

Investors Relations Selma Bekhechi - Tel. + 33 1 57 06 95 39 Selma.bekhechi@alstom.com

Julien Minot - Tel. + 33 1 57 06 64 84 Julien.minot@alstom.com

A propos d'Alstom Promoteur de la mobilité durable, Alstom conçoit et propose des systèmes, équipements et services pour le secteur ferroviaire. Alstom offre la gamme de solutions la plus large du marché - des trains à grande vitesse aux métros et tramways - des services personnalisés (maintenance, modernisation,.) ainsi que des solutions d'infrastructure et de signalisation. Alstom se positionne comme un leader mondial des systèmes ferroviaires intégrés. En 2015/16, l'entreprise a réalisé un chiffre d'affaires de 6,9 milliards d'euros et enregistré pour 10,6 milliards d'euros de commandes. Alstom, dont le siège est basé en France, est présent dans plus de 60 pays et emploie actuellement 31 000 collaborateurs. Ses quelque 8 800 collaborateurs en France sont détenteurs d'un savoir-faire destiné à servir les clients français et internationaux. Un emploi chez Alstom en génère environ trois chez ses fournisseurs.  www.alstom.com

Contacts presse Justine Rohée - Tel. + 33 1 57 06 18 81 justine.rohee@alstom.com

Linda Huguet - Tel. + 33 1 57 06 10 42 linda.huguet@alstom.com

Céline Grussenmeyer-Wolf - Tel +33 6 80 54 74 03 celine.grussenmeyer-wolf@alstom.com

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...e3e6c78dfe

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