26 Sep '17, 7pm

[email protected] & @Alstom join forces to create a European Champion in Mobility.

"This Franco-German merger of equals sends a strong signal in many ways. We put the European idea to work and together with our friends at Alstom, we are creating a new European champion in the rail industry for the long term. This will give our customers around the world a more innovative and more competitive portfolio", said Joe Kaeser, President and CEO of Siemens AG. "The global market-place has changed significantly over the last few years. A dominant player in Asia has changed global market dynamics and digitalization will impact the future of mobility. Together, we can offer more choices and will be driving this transformation for our customers, employees and shareholders in a responsible and sustainable way", Kaeser added. "Today is a key moment in Alstom's history, confirming its position as the platform for the rail sector consolidation. Mobility is at the heart ...

Full article: https://www.siemens.com/press/en/pressrelease/2017/corpor...

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