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Alstom and Balfour Beatty Create JV Company

Posted on: Wednesday, 10 October 2007, 09:00 CDT

Alstom Transport and Balfour Beatty have created a new 50:50 signaling joint venture company, Signalling Solutions. The new structure will be responsible for contracts worth more than E100 million.

Drawing on both partners' extensive experience of signaling systems across the globe, Signalling Solutions's collective in-house expertise offers a range of capabilities including planning, design, product supply, installation, testing and commissioning for all types of railways.

Approximately 340 people from Alstom and Balfour Beatty will work for the new company, which has offices in the UK.

Signalling Solutions combines the railway signaling resources of Alstom Transport Information Solutions and Balfour Beatty Rail Projects to provide the railway signaling markets in the UK and Ireland with an accomplished, all-round supplier.

Philippe Mellier, president of Alstom Transport, said: "This joint venture symbolizes a real alliance between Alstom Transport and Balfour Beatty to better serve our customers. We are fully committed to supporting Signalling Solutions in its work ahead."

Manfred Leger, Balfour Beatty group managing director responsible for rail engineering and services, said: "The combined strengths of Alstom and Balfour Beatty make this company a one-stop shop with a highly experienced workforce able to understand and deliver the complex systems of today's signaling technology."

Source: Datamonitor

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