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Alstom Multiple Units
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia and New Pendolino high-speed trains, in addition to suburban, regional and metro trains, and Citadis trams. Alsthom (originally Als-Thom) was formed by a merger between Compagnie Française Thomson-Houston and the electric engineering division of Société Alsacienne de Constructions Mécaniques in 1928. Significant later acquisitions included the Constructions Electriques de France (1932), shipbuilder Chantiers de l'Atlantique (1976), and parts of ACEC (Belgium, late-1980s). A merger with parts of the General Electric Company (UK) formed GEC Alsthom in 1989. Throughout the 1990s, the company expanded its holdings in the rail sector, via the acquisition of German rolling stock manufacturer Linke-Hofmann-Busch and Italian rail signalli ...
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CAC 40
The CAC 40 (french: CAC quarante ) (''Cotation Assistée en Continu'') is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market caps on the Euronext Paris (formerly the Paris Bourse). It is a price return index. It is one of the main national indices of the pan-European stock exchange group Euronext alongside Euronext Amsterdam's AEX, Euronext Brussels' BEL20, Euronext Dublin's ISEQ 20, Euronext Lisbon's PSI-20 and the Oslo Bors OBX Index. History The CAC 40 takes its name from the Paris Bourse's early automation system Cotation Assistée en Continu (''Continuous Assisted Quotation''). Its base value of 1,000 was set on 31 December 1987, equivalent to a market capitalisation of 370,437,433,957.70 French francs. On 1 December 2003, the index's weighting system switched from being dependent on total market capitalisation to free float market cap only, in line with other leading ...
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Alstom Citadis
The Alstom Citadis is a family of low-floor trams and light rail vehicles built by Alstom. , over 2,300 Citadis trams have been sold and 1,800 tramways are in revenue service throughout the world, with operations in all six inhabited continents. An evolution of Alstom's earlier Tramway Français Standard, TFS vehicle, most Citadis vehicles are made in Alstom's factories in La Rochelle, Reichshoffen and Valenciennes, France, and in Barcelona, Spain, and Annaba, Algeria. Citadis types The Citadis family includes both partial and fully low-floor trams and LRVs, in versions with three (20x), five (30x), seven (40x), and nine (50x) sections. It comprises the following standard variants: Urban tramway vehicles Citadis X00: *Citadis 100 – three section, 70% low floor, originally designed and manufactured by Konstal in Chorzów for the Polish market (Silesian Interurbans, Katowice, Trams in Gdańsk, Gdańsk) Citadis X01 (First generation): *Citadis 301 – three section, 70% low floo ...
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Ansaldo Energia
Ansaldo Energia S.p.A. is an Italian power engineering company. It is based in Genoa, Italy. The absorbed parent company, Gio. Ansaldo & C., started in 1853. It was taken over by Leonardo S.p.A. In 2011, Leonardo S.p.A. sold 45% stake in Ansaldo Energia to First Reserve Corporation. In 2013, the Fondo Strategico Italiano acquired an 85% share of the company. It then sold a 40% share to Shanghai Electric Corporation.. Products and services Ansaldo Energia is a producer of thermoelectric power plants, operating in international markets for customers ranging from Public Administration to Independent Power Producers and Industrial Clients. Ansaldo Energia covers the entire power generation spectrum with a combination of plant engineering, manufacturing and service activities. It has an installed capacity exceeding 166,000 MW in over 90 countries for Thermal power station, thermal electric and Hydroelectricity, hydroelectric plants. Revenues in 2007 stood at 979 million euros. T ...
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Power Grid
An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power Transmission: Background and Policy Issues. The Capital.Net, Government Series. Pp. 1-42. * power stations: often located near energy and away from heavily populated areas * electrical substations to step voltage up or down * electric power transmission to carry power long distances * electric power distribution to individual customers, where voltage is stepped down again to the required service voltage(s). Grids are nearly always synchronous, meaning all distribution areas operate with three phase alternating current (AC) frequencies synchronized (so that voltage swings occur at almost the same time). This allows transmission of AC power throughout the area, connecting a large number of electricity generators and consumers and potential ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ...
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ABB Group
ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie merged to create ASEA Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its Power Grids division in 2020, ABB was Switzerland's largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm in Sweden, and the New York Stock Exchange in the United States. An ABB entity plead guilty for bid rigging in 2001, and the company has had 3 US Foreign Corrupt Practices Act bribin ...
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State Aid
State aid in the European Union is the name given to a subsidy or any other aid provided by a government that distorts competitions. Under European Union competition law the term has a legal meaning, being any measure that demonstrates any of the characteristics in Article 107 of Treaty on the Functioning of the European Union, in that if it distorts competition or the free market, it is classed by the European Union as being illegal state aid. Measures which fall within the definition of state aid are considered unlawful unless provided under an exemption or notified by the European Commission. In 2019, the EU member states provided state aid corresponding to 0.81% of the bloc's GDP. EU policy on state aid The Treaty on the Functioning of the European Union (Art. 107, para. 1) reads: "Save as otherwise provided in this Treaty, any aid granted by a Member State or through State resources in any form whatsoever which distorts or threatens to distort competition by favouring certa ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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Euronext Paris
Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined market capitalization of over US$4.5 trillion. Euronext Paris, the French branch of Euronext, is Europe's second-largest stock exchange market, behind the London Stock Exchange. History In the early 19th century, the Paris Bourse's activities found a stable location at the ''Palais Brongniart'', or ''Palais de la Bourse'', built to the designs of architect Alexandre-Théodore Brongniart from 1808 to 1813 and completed by Éloi Labarre from 1813 to 1826.Ayers 2004, pp. 61–62. Brongniart had spontaneously submitted his project, which was a rectangular neoclassical Roman temple with a giant Corinthian colonnade enclosing a vaulted and arcaded central chamber. His designs were greatly admired by Napoleon and won Brongniart a major public co ...
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Linke-Hofmann-Busch
Alstom Transport Deutschland, formerly Linke-Hofmann-Busch, is a German manufacturing company originally established in Breslau (now Wrocław, Poland) to produce locomotives and rolling stock. Its origins lay in the wheelwright business of Gottfried Linke, begun in 1834. After World War II, the company was reestablished in Salzgitter in West Germany. In 1994, GEC Alsthom acquired a 51% shareholding.World Update ''Railway Age'', August 1994, p. 88. It is now part of Alstom; the name Linke-Hofmann-Busch ceased to be used in 2009 when it became Alstom Transport Deutschland GmbH. Aircraft industry During World War I, it became one of many companies in Germany drawn into the aircraft industry even though they had no prior experience in aircraft design. Linke-Hofmann-Busch first entered the aircraft industry by repairing and constructing aircraft designed by other established companies under licence, such as the Roland C.IIa, Albatros B.IIa, C.III and C.X. In 1916 Linke-Hofmann-B ...
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General Electric Company
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was founded in 1886, was Britain's largest private employer with over 250,000 employees in the 1980s, and at its peak in the 1990s, made profits of over £1 billion a year. In June 1998, GEC sold its share of the joint venture GEC-Alsthom on the Paris stock exchange. In December 1999, GEC's defence arm, Marconi Electronic Systems, was sold to British Aerospace, forming BAE Systems. The rest of GEC, mainly telecommunications equipment manufacturing, continued as Marconi Communications. After buying several US telecoms manufacturers at the top of the market, losses following the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc. In 2005, Ericsson acquired the bulk of that company. What was left of the business was renamed Telent. History ...
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Ateliers De Constructions Electriques De Charleroi
SA Ateliers de Constructions Electriques de Charleroi (abbrev. ACEC) was a Belgian manufacturer of electrical generation, transmission, transport, lighting and industrial equipment, with origins dating to the late 19th century as a successor to the ''Société Électricité et Hydraulique'' founded by Julien Dulait. After World War II the company expanded into electronics, and became a contractor to the nuclear industry. The company was acquired by Westinghouse in 1970; in 1985 Westinghouse's share was acquired by Société Générale de Belgique (SGB) and Compagnie Générale d'Electricité (CGE). The company operated at a loss during the 1980s, and was split and sold; Alstom and its affiliates acquired the majority of the company, along with ABB and Alcatel Bell and others. The remnants of the company were merged into Union Minière in 1989, forming ''ACEC Union Minière''. History Background, 1878–1904 In 1878 Julien Dulait (1855–1926), son of steelworks engineer J ...
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