Alstom

Alstom is a large French company whose businesses are power generation, power transmission, and manufacturing trains (e.g. the TGV and Eurostar), and ships (e.g. the Queen Mary 2). According to the company website, in the year 2001/02 Alstom had annual sales of over €23 billion, and employed more than 118,000 people in over 70 countries.

The current CEO is Patrick Kron who has succeeded to Pierre Bilger

Financial information

Alstom is traded in the stock markets of Paris, New York and (until November 2003) London. When the markets closed on 12 March, 2003, its market capitalization was €380.2 million

History

The name of the company derives from the French region of Alsace and the surname of the engineer Elihu Thomson. The company always writes it in capitals, ALSTOM, even though it is not an initialism. It seems to have failed to get the press (and Wikipedia) to follow its lead.

On 12 March, 2003, shares dipped 50 per cent in one day, and finished at 1.36 euros

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