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Hitachi Rail STS
Hitachi Rail STS SpA (from ''Hitachi Rail Signalling and Transportation Systems'') or Hitachi Rail STS (previously Ansaldo STS) is a transportation company owned by Hitachi with a global presence in the field of railway signalling and integrated transport systems for passenger traffic (railway/mass transit) and freight operations. Hitachi Rail STS plans, designs, manufactures, installs and commissions signaling systems, components and high technologies for the management and control of newly built or upgraded railways, transit and freight lines worldwide. Headquartered in Genoa, Italy, it is a wholly owned subsidiary of Hitachi. It was previously listed on the Borsa Italiana and was a component of the benchmark FTSE Italia Mid Cap Index. Providing design, manufacture, installation, integration and maintenance of a wide range of train control systems and equipment dedicated to safety, efficiency, reliability, and sustainability, Hitachi Rail STS employs 4,327 people worldwide as of ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Track Circuit
A track circuit is an electrical device used to prove the absence of a train on rail tracks to signallers and control relevant signals. An alternative to track circuits are axle counters. Principles and operation The basic principle behind the track circuit lies in the connection of the two rails by the wheels and axle of locomotives and rolling stock to short an electrical circuit. This circuit is monitored by electrical equipment to detect the absence of the trains. Since this is a safety appliance, fail-safe operation is crucial. Hence the circuit is designed to indicate the presence of a train when failures occur. On the other hand, false occupancy readings are disruptive to railway operations and must be minimized. Track circuits allow railway signalling systems to operate semi-automatically, by displaying signals for trains to slow or stop in the presence of occupied track ahead of them. They help prevent Train dispatcher, dispatchers and Manual block, operators from ca ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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AFX News
Thomson Financial was an arm of the Thomson Corporation, an information provider. When the Thomson Corporation merged with Reuters to form Thomson Reuters in April 2008, Thomson Financial was merged with the business of Reuters to form the Markets Division of Thomson Reuters. History Thomson Financial expanded significantly when it acquired Primark, another financial information provider, on June 6, 2000, for $842 million in an all-cash deal. Primark owned many brands in both the U.S. and UK/Europe such as Datastream, Baseline Financial, Intellivate Capital Ventures (ICV), and IBES. The acquisition consolidated and combined competing financial information provision, for example the FirstCall and IBES earnings estimate data, under the same company. Thomson Financial sold its Thomson Media division in 2004. On 17 April 2008 the Thomson Corporation merged with Reuters and created the new company Thomson Reuters. Thomson Financial and Reuters combined their businesses into the M ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Ansaldo Trasporti
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 electric and hydroelectric plants. Revenues in 2007 stood at 979 million euros. The production centre is located in the ...
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AnsaldoBreda
Hitachi Rail Italy S.p.A. is a multinational rolling stock manufacturer company based in Pistoia, Italy. Formerly AnsaldoBreda S.p.A., a subsidiary of state-owned Finmeccanica, the company was sold in 2015 to Hitachi Rail of Japan. After the deal was finalized, the current name was adapted in November 2015 to reflect the new ownership. History Early history: Ansaldo and Breda Ansaldo In 1853, the company '' Gio. Ansaldo & C.'' was registered in Genoa as a manufacturer of steam locomotives, rail rolling stock and steam engines. The company was backed by Camillo Benso, Count of Cavour, the powerful finance minister of Piedmont-Sardinia, who aimed to reduce its dependence on imported trains and rolling stock. Ansaldo entered the age of the steam locomotive in 1854 with its model FS113, also known as ''Sampierdarena''. During the First world war, Ansaldo became a large supplier of weapons to the Italian army; facing insurmountable difficulties with post-war reconversion to civilia ...
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Finmeccanica
Leonardo S.p.A., formerly Leonardo-Finmeccanica and originally Finmeccanica, is an Italian Multinational corporation, multinational company specialising in Aerospace manufacturer, aerospace, arms industry, defence and Information security, security. Headquartered in Rome, Italy, the company has 180 sites worldwide. It is the eighth largest Arms industry#List of major weapon manufacturers, defence contractor in the world based on 2018 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. On 1 January 2016, Leonardo-Finmeccanica became a single industrial company by integrating the activities of its subsidiaries AgustaWestland, Alenia Aermacchi, DRS Technologies, Selex ES, Oto Melara and Whitehead Sistemi Subacquei, WASS. The company is organised into five divisions (Helicopters, Aircraft, Aerostructures, Electronics, Cybersecurity). It is also the parent company and corporate centre for the subs ...
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Paris Métro
The Paris Métro (french: Métro de Paris ; short for Métropolitain ) is a rapid transit system in the Paris metropolitan area, France. A symbol of the Paris, city, it is known for its density within the capital's territorial limits, uniform architecture and Paris Métro entrances by Hector Guimard, unique entrances influenced by Art Nouveau. It is mostly underground and long. It has 308 stations, of which 64 have transfers between lines. The Montmartre funicular is considered to be part of the metro system, within which is represented by a 303rd fictive station "Funiculaire". There are 16 lines (with an additional four Grand Paris Express, under construction), numbered 1 to 14, with two lines, Paris Métro Line 3bis, 3bis and Paris Métro Line 7bis, 7bis, named because they started out as branches of Paris Métro Line 3, Line 3 and Paris Métro Line 7, Line 7 respectively. Paris Métro Line 1, Line 1 and Paris Métro Line 14, Line 14 are List of automated train systems, automat ...
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Fernand Cumont
Fernand is a masculine given name of French origin. The feminine form is Fernande. Fernand may refer to: People Given name * Fernand Augereau (1882–1958), French cyclist * Fernand Auwera (1929–2015), Belgian writer * Fernand Baldet (1885–1964), French astronomer * Fernand Berckelaers (1901– 1999), Belgian artist * Fernand Besnier (1894–1977), French cyclist * Fernand Boden (born 1943), Luxembourg politician * Fernand Bouisson (1874–1959), French politician * Fernand Braudel (1902–1985), French historian * Fernand Brouez (1861–1900), Belgian publisher * Fernand Buyle (1918–1992), Belgian footballer * Fernand Canelle (1882–1951), French footballer * Fernand Charpin (1887–1944), French actor * Fernand Collin (1897–1990), Belgian businessman * Fernand Cormon (1845–1924), French painter * Fernand Crommelynck (1886–1970), Belgian dramatist * Fernand David (1869–1935), French Minister of Agriculture * Fernand Decanali (1925–2017), French cyclist * F ...
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