1 May 2011

ALSTOM acquires a 25% stake in Transmashholding

ALSTOM acquired a 25% stake (plus one share) in Russia's largest locomotive and rolling stock manufacturer Transmashholding (TMH) through its parent company The Breakers Investments B.V. in which Russian Railways (RZD) also holds a stake.

In addition, TMH and ALSTOM entered into a strategic joint-venture TMH-ALSTOM B.V. in respect of technology transfer and management support arrangements for the development and production of modern locomotives and rail cars for Russian and other markets.

Team: Constantijn Voogt, Linda Dudink, Angela van Breda and Sandra Voorn, Paul Sleurink and Pieter van Os.