Alstom Signs Contract to Discuss Developing Railways in Iran
January 29 2016 - 7:36AM
Dow Jones News
By Inti Landauro
PARIS--French train maker Alstom SA (ALO.FR) Friday said it
signed a contract with the Iranian government to start talks on the
development of railways in the Middle East country.
The company, which makes TGV bullet-trains, will start
discussing ways to address Iran's needs for mainland and urban
transportation, as well as the production of trains in the
country.
Since selling its power equipment-making unit to General
Electric last year, Alstom has focused on the manufacturing of
locomotives and rolling stock, as well as railway servicing.
Write to Inti Landauro at inti.landauro@wsj.com
(END) Dow Jones Newswires
January 29, 2016 07:21 ET (12:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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