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Bombardier Transportation Confirms German Restructuring

The Management and the General Works Council of Bombardier Transportation GmbH have signed a general company agreement regarding the transformation in Germany.

Siemens-Alstom merger to be completed by end of 2018

SPEAKING at a joint Siemens-Alstom press conference in Paris on September 27, Mr Joe Kaeser, president and CEO of Siemens, confirmed that the merger of Siemens Mobility and Alstom should be completed at the end of 2018. Kaeser also said there will be redundancies.

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