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Article: Alstom challenges outlined.(World Report)
- Article from:
- International Railway Journal
- Article date:
- May 1, 2004
CopyrightCOPYRIGHT 2004 Simmons-Boardman Publishing Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRANCE's new finance minister Mr Nicholas Sarkozy, says Alstom still faces three major challenges: obtaining approval from the European Commission (EC) for last year's 3.2 billion [euro] rescue package backed by the French government, renegotiating the terms of the package with Alstom's bankers, and developing an alliance with an industrial partner to guarantee the company's long-term future. Sarkozy was speaking to Alstom managers and staff at Alstom's train manufacturing plant in 12 Rochelle on April ...