ENXTPA:ALOMachinery
How Investors Are Reacting To Alstom (ENXTPA:ALO) €690m Egyptian Rail Digitalisation Contracts And Localisation Push
In June 2026, Alstom S.A. announced that, as leader of a consortium with Rowad Modern Engineering and Concrete Plus, it had signed four contracts worth about €690 million with Egyptian National Railways to modernise the 6th of October–Alexandria corridor and the Belbes–10th of Ramadan line, with Alstom’s share around €300 million for digital signalling, power and control systems.
A key feature of these projects is a strong localisation push, with roughly 50% local content and Egyptian...