Closing of the Disposal of AREVA TA's Command & Control for Transportation Activity to Alstom

Regulatory News:

AREVA (Paris:AREVA):

The transfer of AREVA TA’s Command & Control for Transportation (CCT) activity to Alstom was completed on October 31, 2014. This operation marks the conclusion of a process of information sharing and consultation with employee representative bodies of the concerned entities. Alstom will take on the employees of the CCT activity as part of its signalling division.

Carolle Foissaud, Chief Executive Officer of AREVA TA, said: "The industrial and labour relations plan proposed by Alstom Transport will offer the employees involved the opportunity to work in an environment that will be conducive to the development of their skills and one that has good prospects for growth.”

Pascal Cléré, Senior Vice-President of Alstom Transport’s Signalling activity added: "This acquisition is an integral part of our growth strategy. The CCT business will enable us to strengthen our offer in signalling and puts us in a stronger position in the market for transport networks in the Paris and Ile-de-France areas, as well as for trams ”.

The CCT activity includes the design and production of signalling solutions for trams and metros, the TCMS¹ onboard safety information management system, as well as radio communications technology.

About AREVA
AREVA is a global leader in nuclear power. The group's unique integrated offering to utilities covers every stage of the fuel cycle and nuclear reactor design and construction, as well as related operating services. AREVA's expertise and unwavering insistence on safety set the standard within the sector.
The company is also investing in renewable energy, working in partnership to produce high-technology solutions.
Through the complementary nature of nuclear and renewables, AREVA’s 45,000 employees contribute to building tomorrow’s energy model: supplying the greatest number of people with energy that is safer and with less CO₂.

About Alstom
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over €20 billion and booked €21.5 billion in orders in 2013/14.

¹ TCMS: Train Control Management System