EduBourseActualitésALSTOM signs strategic partnership in Russia with EMAlliance

ALSTOM signs strategic partnership in Russia with EMAlliance

ALSTOM has strengthened its operations in Russia and the CIS countries through a strategic partnership deal with Russian power engineering company Energomachinostroitelny Alliance (EMAlliance).

Under the deal, the companies will share technology and know-how as well as marketing/business development, bidding and contract execution for thermal power plant projects in Russia and the CIS. The deal is seen as the first step in negotiations for several business co-operation agreements.

The partners have already concluded the first of these, a Memorandum of Understanding on Circulating Fluidised Bed (CFB) boilers, an efficient clean-coal combustion technology that is increasingly demanded in Russia. ALSTOM is one of the world’s leading suppliers of CFBs.

EMAlliance is the management company of JSC Machine-Building Plant ZIO-Podolsk, JSC Engineering Company ZIOMAR and JSC TKZ Krasny Kotelshchik, three major Russian companies with international experience and references in the design and manufacture of thermal power plant. EMAlliance is based at Podolsk in the Moscow region.

Philippe Joubert, President of ALSTOM’s Power Turbo-Systems / Power Environment Sector, said: “The strategic partnership with such a prominent Russian thermal power company as EMAlliance will help ALSTOM to bring new technologies to the rapidly growing market of Russia and other CIS countries. The partnership will aid ALSTOM to rapidly expand business in this region and we envisage further co-operation on equipment supplies from EMAlliance to ALSTOM projects world-wide. “

Press relations: G. Tourvieille / Séverine Gagneraud
(Tel. +33 1 41 49 27 13 / 27 40)
[email protected]

Investor relations: E. Châtelain
(Tel. +33 1 41 49 37 38)
[email protected]

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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