EU approves rail merger: Bombardier is allowed to Alstom

The French rail manufacturer Alstom may take the Zugsparte of its canadian competitor Bombardier, subject to conditions. The EU Commission approved the merger o

EU approves rail merger: Bombardier is allowed to Alstom

The French rail manufacturer Alstom may take the Zugsparte of its canadian competitor Bombardier, subject to conditions. The EU Commission approved the merger on Friday on the condition that Alstom complies with all its Commitments. Among them, the French manufacturer of the production is sold sites.

Werner Mussler

economic correspondent in Brussels.

F. A. Z.

in Brandenburg, Hennigsdorf, is to be sold based production of "Talent 3"-local trains. Sold to hope, furthermore, the production of the Fernzugs "Coradia Polyvalent" in Alsace Koenig. In addition, Bombardier Transportation, among other things, its share of the Project to the cooperation for the high speed train to make V300 Zefiro. Finally, the competitors will get access to Alstom's signalling technology and control systems (TCMS) of the company.

EU competition Commissioner Margrethe Vestager said her Department was able to review the project quickly, because Alstom did quickly "proposed corrective action" to the existing competition concerns. "The combined entity will, in the future, a stronger position on the market. At the same time it will be thanks to these corrective actions on its core markets, and continue to be exposed to competition,“ said Vestager.

Updated Date: 31 July 2020, 14:20

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