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EXCELLENCE LOGISTICS

Siemens & Alstom

Today, the European Commission din not approved Siemens' merger business with Alstom, as per press conference announcement by European Competition Commissioner Margrethe Vestager in Brussels.

 

Together, Siemens and Alstom have a 50% share on the European High Speed market. Its main competitors in the Old Continent are the Spanish CAF and Talgo, the Canadian Bombardier, the Japanese Hitachi (with strong interests in Europe after the purchase of the Italian Ansaldo) and the Swiss Stadler.

 

Feb. 2019