Alstom’s €63 million investment plan for 2024–2026 aims to improve Italy’s rail infrastructure, including sustainable innovations such as hydrogen trains and increased production capacity at several locations.
Alstom has released a proposal to invest €63 million in Italy for 2024–2026. The plan reflects the company’s commitment to economic growth, technological innovation and environmental sustainability. The investments will enhance Italy’s railway infrastructure and capacity.
Key projects include the expansion and construction of facilities at the Savigliano site; the new buildings will support testing of hydrogen-powered trains and Avelia Stream 300 trains. New production lines will also increase the capacity to produce local trains. The plant in Vado Ligure will be expanded, including the construction of a new maintenance facility for regional trains. Offices in Bologna will be renovated and Nola station will get a new paint booth for high-speed trains. Also, Alstom plans to build solar panel parks in several Italian locations to help mitigate climate change.
Alstom has been in Italy for more than 160 years, with nine operational sites. In the first financial year of 2024, the company contributed more than €1.019 billion to Italian GDP and supported more than 14,000 jobs, reflecting its important role in the country’s industrial and transport sectors.
Alstom’s impressive report to the Italian Senate highlighted the company’s important contribution to the country’s economy and its significant contribution across Europe. It noted the company’s digital innovation and sustainability, particularly in strategic mobility, as drivers of employment and growth. This investment also aligns with Italy’s goals of industrial excellence and environmental progress.
Company ‘s sustainable rail development goal is to implement the European Rail Traffic Management System (ERTMS), which aims to improve the network’s capacity and efficiency. Alstom is also creating environmental train solutions, including hydrogen-powered trains that are planned to be introduced on Italian rail lines.
The company aims to have net zero carbon emissions by 2050, making it committed to environmental sustainability. It is converting all of its buildings to fully renewable energy and is implementing a number of measures to reduce its environmental impact, including reducing waste and improving energy efficiency.