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Friday, June 14, 2024

Alstom Transferring Bombardier’s V300 ZEFIRO Very High-Speed Train Contribution to Hitachi Rail – Rail

Alstom has agreed to transfer Bombardier Transportation’s business activities related to the very fast VEF00 ZEFIRO train to the Hitachi train. The deal is part of Alstom’s commitments to the European Commission in relation to Alstom’s acquisition of Bombardier Transportation with respect to the VEF00 ZEFIRO. Alstom has finally completed its sale obligations as required by the Commission’s approval decision this week.

Alstom will continue to honor its commitments as part of existing orders for rolling stock from Trenitalia and ILSA to ensure a smooth transition.

For Hitachi Rail, the deal solidifies the company’s commitment to the very fast rail market, especially the Italian Frecciarossa 1000, and strengthens the strength of the company’s service and maintenance capabilities.

The transaction will comply with all applicable social processes and consultation with employee representative bodies and is subject to regulatory approvals. Completion of the transaction is expected in the first semester of 2022.



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