Alstom wins 130 million Euro contract for subway trains to Shanghai
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French industrial giant Alstom Group has sold 16 complete subway trains to the city of Shanghai worth some 130 million Euros (160 million dollars), in another deal reached here during the visit of French President Jacques Chirac.
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A Shanghai shipyard has agreed to build up to five giant container ships the China's biggest shipping line, the shipyard company said Wednesday.
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Three overseas firms win contracts to improve speeds on China's intercity rail routes to ease freight bottlenecks.
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Bombardier Inc. on Thursday said it had  signed a long-term contract as part of a consortium to build a  rapid rail transit system in South Africa.
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MG Rover is on the brink of a Â£1bn deal with a Chinese company that will help secure the future of its giant Longbridge plant. Under the joint venture with the Shanghai Automotive Corporation, a new company
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French engineering giant Alstom, creator of the high-speed TGV train, unveiled Tuesday a new-generation, super-fast prototype: quicker, cleaner, bigger -- and tailored specially for export.
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MONTREAL (CP) - Bombardier Transportation has been selected by the Chinese government to negotiate a rail equipment contract worth a reported &#36;4.5 billion Cdn.
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The Swiss-Swedish engineering group ABB said Tuesday it had won a contract worth 440 million dollars (308 million euros) to build a high-voltage electricity line.
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Troubled engineering and construction group Jarvis has bought itself a financial life-line by selling its 33% stake in the Tubes Lines underground consortium to Amey, part of Spanish construction group Ferrovial, for Â£150m.
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AWB Ltd., Australia&#39;s monopoly wheat exporter, won a contract worth about A$340 million ($267 million) to supply China National Cereals, Oils and Foodstuffs Corp.
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Shanghai Automotive Industry Corp. (SAIC), the biggest saloon car producer in China, signed here contract with creditors of South Korean Ssangyong Motor Co.
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SHANGHAI United Parcel Service, the world&#39;s biggest express courier, said Thursday that it would pay $100 million to take direct control of its operations in China as it expands to compete with FedEx and other rivals in the fastest-growing market for
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SHARES in Jarvis leapt nearly 20 per cent on the last day of trading before Christmas after the embattled engineering and construction group staved off financial collapse by completing the sale of its stake in Londonâs underground rail network for
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The French Group Alstom Saturday will sign contracts worth up to 1 billion Euros (1.23 billion dollars) in China for the delivery of trains and locomotives, French sources with knowledge of the deal revealed to AFP.
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The cost of extending Shanghai's maglev train line may be more than double the original budget, a report says.
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Alstom, a maker of coal-fired power stations, agreed to buy EcotÃ¨cnia of Spain to enter the wind energy market. Alstom will pay 350 million euros ($471 million) for EcotÃ¨cnia, which also makes solar panels, it said. The purchase will help Alstom, which is based in Paris, expand in the United States and Asia, it said. Buying EcotÃ¨cnia strengthens Alstomâs presence in renewable energy as governments seek alternatives to coal, gas and oil. Alstom also sells hydroelectric equipment and worked with Russiaâs state nuclear agency in April to develop atomic plants.
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Amadeus Global Travel Distribution SA has agreed to be bought by two British private investment funds for about 4.34 billion euros (&#36;5.74 billion), the company's main shareholders said Wednesday in a filing with market regulators.