Alstom Announces €63 Million Investment in Italy
This investment underscores Alstom’s commitment to economic growth, technological innovation, and environmental sustainability in the country.
This investment underscores Alstom’s commitment to economic growth, technological innovation, and environmental sustainability in the country.
The investment will impact all nine of Alstom’s sites across Italy.
Key projects in the investment plan include:
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Savigliano: Expansion for testing hydrogen trains and Avelia Stream 300 trains, as well as new production lines for regional trains.
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Vado Ligure: Expansion for maintenance of regional trains.
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Nola: Construction of a paint booth for high-speed trains.
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Bologna: Renovation of office spaces.
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Development of solar panel parks at several Italian locations.
Additionally, Alstom Italy has released the results of its first Impact Report, conducted by EY, which highlighted the company’s extensive contribution to the Italian economy.
This includes 1.019 billion EUR generated for Italy’s GDP; support for 14,087 jobs, including direct, indirect, and induced employment; and a network of 1,517 Italian suppliers, accounting for 829 million EUR in purchases of goods and services.
Michele Viale, Managing Director of Alstom Italy said:
“Alstom continues to be a strategic partner for the sustainable development of rail transport and the Italian economy. With a contribution to the GDP of more than € 1.019 billion generated in the past two years and supporting more than 14,000 jobs, Alstom is an accelerator of employment and professional development for thousands of people in Italy.
“In an Italian mobility system characterised by great dynamism and constant growth, supported by the PNRR and the IPCEI Fund, Alstom continues to invest and is pleased today to announce a new investment plan of more than €63 million that will give further boost to our business, with an important impact on the entire Italian railway sector.”
In 2024, Alstom Italy plans to add 400 new positions to its existing workforce of 4,000 employees.
What’s more, by 2025, the company is committed to ensuring 100% of new solutions will be designed with environmental considerations, and 100% of its electricity will come from renewable sources.
