;

Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Train maker Alstom to invest more than 150 million euros in France

Finance

Train maker Alstom to invest more than 150 million euros in France

Published by Global Banking and Finance Review

Posted on April 4, 2025

Featured image for article about Finance

(Reuters) - French train maker Alstom on Friday announced a more than 150 million euro ($166 million) investment plan aimed at increasing production capacity at its sites in France.

Alstom, which makes trains and signalling systems for urban and regional rail networks, added that 20% of the total investment will fund the opening a new assembly line for Avelia very high-speed trains at Alstom’s Valenciennes Petite-Foret site.

The group said the aim is to meet growing local and international rail market demand and the investment will create 1,000 jobs in France this year.

($1 = 0.9037 euros)

(Reporting by Anna Peverieri; Editing by David Goodman)

More from Finance

Explore more articles in the Finance category

KNDS, Leonardo to develop new mobile artillery system together

BBC says it will fight Trump lawsuit over edited speech

TotalEnergies to sell stake in Malaysian gas block to Thailand's PTTEP

US dollar close to multi-week lows versus euro and yen before US data

Dassault Aviation CEO unsure if FCAS fighter will go ahead

Europe's leaders and laggards in electric vehicle sales

EU members bordering Russia push for enhanced security at Helsinki meeting

Netherlands will host International Claims Commission for Ukraine, minister says

EU to widen carbon border levy to close loopholes on polluting goods, draft shows

UK's Serica Energy to buy Southern North Sea assets for $76 million

World Bank, Vakifbank to mobilise up to $1.7 billion for Turkey's small businesses

SThree shares jump as US market rebounds, guidance confirmed

View All Finance Posts