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April 20, 2021
BUSINESS

Alstom to invest EUR 20 M in tram-factory

The French giant Alstom, one of the world’s top players in the construction of trams, metro trains and high-speed trains, is closely watching the Romanian urban transport market and seems persuaded it will play a key-role in transforming it, Money.ro reports. Even if he is not directly involved in Alstom’s Romanian business, Gian-Luca Erbacci, Alstom Transport’s Director of Operations for Southern Europe, Africa and the Middle East, stated, while attending an international transport fair in Dubai, that Romania was a market with a high potential and that “signs suggest there will be orders for the purchase of tramways in several cities”.

There are rumours that at least EUR 20 M will be invested in a new factory in Romania. The French are ready to take part in all the auctions announced by the Romanian authorities on the urban transport segment. “If opportunities arise, we may make a Greenfield investment in this sector,” Erbacci added.

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