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#Siemens

Two high-speed trains, a German railway Deutsche Bahn ICE (L) manufactured by Siemens and a French railway SNCF TGV manufactured by Alstom pictured at the Paris Gare de l'Est station on August 11, 2011. Photo: Jacques Demarthon / AFP
Two high-speed trains, a German railway ... […]
Transportation and mobility, Infographic

EU’s rail merger veto ignites spat over competition rules

The European Union's veto of an Alstom-Siemens rail merger has revived debate over competition regulations that some say are obsolete in the face of growing rivalry from Chinese giants.
3 years ago
The European Commission blocked a planned merger between the railway business of German industrial giant Siemens and France's Alstom on Wednesday, arguing that they failed to address its "serious" competition concerns.
The European Commission blocked a planne... […]
News

EU blocks Siemens-Alstom rail merger amid ‘serious’ competition fears

The EU did not approve of the proposed merger between the German company Siemens and the French Alstom in order to maintain the competition in the European market.
3 years ago