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=== Alstom (1999–2014) === [[File:WMATA Alstom 6000 Series on the Red Line.jpg|alt=WMATA Alstom 6000 series|thumb|[[Washington Metro]] 6000 series railcars built by Alstom in 2006]] In 1999, Alstom bought half of [[ABB]]'s power systems division, forming a 50-50 joint company known as ABB Alstom Power. Alstom also bought Canada's Télécité,{{citation needed|date=June 2014}} a passenger information and security solutions company, and sold its heavy-duty gas turbine business to [[General Electric]].<ref>{{citation| url = http://www.alstom.com/press-centre/1999/3/ALSTOM-sells-its-heavy-duty-gas-turbine-business-to-General-Electric-19990323/| title = ALSTOM sells its heavy duty gas turbine business to General Electric| date = 23 March 1999| work = www.alstom.com| type = press release| access-date = 28 April 2014| archive-date = 20 August 2016| archive-url = https://web.archive.org/web/20160820124200/http://www.alstom.com/press-centre/1999/3/ALSTOM-sells-its-heavy-duty-gas-turbine-business-to-General-Electric-19990323/| url-status = live}}</ref><ref>{{citation| url = http://www.alstom.com/press-centre/1999/6/ALSTOM-completes-sale-of-its-heavy-duty-gas-turbine-business-to-General-Electric-19990625/| title = ALSTOM completes sale of its heavy duty gas turbine business to General Electric| date = 25 June 1999| work = www.alstom.com| type = press release| access-date = 28 April 2014| archive-date = 20 August 2016| archive-url = https://web.archive.org/web/20160820080141/http://www.alstom.com/press-centre/1999/6/ALSTOM-completes-sale-of-its-heavy-duty-gas-turbine-business-to-General-Electric-19990625/| url-status = live}}</ref> The next year, the company bought out ABB's share in the former joint venture ABB Alstom Power.<ref>{{cite web|url=http://tdworld.com/mag/power_abb_sell_stake/|title=ABB to Sell Stake in ABB Alstom Power|date=1 May 2000|publisher=Transmission & Distribution World|work=tdworld.com|access-date=29 August 2009|archive-date=29 November 2022|archive-url=https://web.archive.org/web/20221129100829/http://tdworld.com/mag/power_abb_sell_stake/|url-status=live}}</ref> In 2000, Alstom sold its diesel engine businesses ([[Ruston (engine builder)|Ruston]], [[Paxman (engines)|Paxman]], and [[Mirrlees Blackstone]]) to [[MAN SE|MAN Group]].<ref>{{citation| url = http://www.alstom.com/press-centre/2000/2/Man-acquires-ALSTOMs-diesel-engine-operations-20000221/| title = Man acquires Alstom's diesel engine operations| date = 21 February 2000| work = www.alstom.com| type = Press release| access-date = 28 April 2014| archive-date = 4 July 2018| archive-url = https://web.archive.org/web/20180704161914/http://www.alstom.com/press-centre/2000/2/Man-acquires-ALSTOMs-diesel-engine-operations-20000221/| url-status = live}}</ref> It also acquired a 51% stake in Italian rail manufacturer [[Alstom Ferroviaria|Fiat Ferroviaria]], a world leader in tilting technology.<ref>{{cite web |url=http://www.highbeam.com/doc/1G1-63843730.html |archive-url=https://web.archive.org/web/20121105071525/http://www.highbeam.com/doc/1G1-63843730.html |url-status=dead |archive-date=5 November 2012 |title=Article: Alstom Takes Over Fiat Ferroviaria |publisher=International Railway Journal Article |date=1 July 2000 }}</ref> In April 2003, Alstom sold its industrial turbine business to [[Siemens]] for €1.1 billion.<ref>{{citation| url = http://www.power-eng.com/articles/2003/04/siemens-buys-alstom-industrial-turbines-business-for-euro11bn.html| title = Siemens buys Alstom industrial turbines business for €1.1bn| date = 28 April 2003| work = www.power-eng.com| access-date = 28 April 2014| archive-date = 15 August 2016| archive-url = https://web.archive.org/web/20160815100603/http://www.power-eng.com/articles/2003/04/siemens-buys-alstom-industrial-turbines-business-for-euro11bn.html| url-status = dead}}</ref> By 2003, Alstom was facing a financial crisis caused by a mix of poor sales and over $5 billion of debt liabilities. It reportedly had the potential to force the company's liquidation. These heavy debts were largely due to a $4 billion charge over a design flaw in a turbine developed by [[ABB]], acquired by Alstom in 2000, as well as the collapse of customer [[Renaissance Cruises]] amid a general downturn in the marine market. Alstom's share price had dropped by 90% over two years.<ref>{{cite web |url= http://www.businessweek.com/magazine/content/03_29/b3842135_mz034.htm|archive-url= https://web.archive.org/web/20030801100442/http://www.businessweek.com/magazine/content/03_29/b3842135_mz034.htm|url-status= dead|archive-date= 1 August 2003| title = Can Alstom Get Back on Track? It's a financial wreck, and the rescue plan may not work| publisher = [[Bloomberg L.P.|Bloomberg]] |work = www.businessweek.com| date = 21 July 2003}}</ref><ref>{{cite news|url=http://www.economist.com/node/1978762|title=French capitalism. Bull again France's state-backed rescue of Alstom is all too familiar|newspaper=The Economist|date=7 August 2003|archive-date=22 June 2017|access-date=14 July 2011|archive-url=https://web.archive.org/web/20170622033706/http://www.economist.com/node/1978762|url-status=live}}</ref> The [[European Commission]] objected to a €3.2 billion rescue plan involving the French state; [[European Union competition law]] bans most state aid without EC permission. This was obtained, but required Alstom to sell several of its subsidiaries, including its shipbuilding and electrical transmission assets.<ref>{{citation|url =http://www.eurofound.europa.eu/eiro/2003/10/inbrief/fr0310101n.htm|title =Alstom rescue plan agreed|work =www.eurofound.europa.eu|first =Maurice|last =Braud|publisher =Eurofound|date =22 October 2010|access-date =14 July 2011|archive-date =13 July 2014|archive-url =https://web.archive.org/web/20140713195120/http://www.eurofound.europa.eu/eiro/2003/10/inbrief/fr0310101n.htm|url-status =live}}</ref> In 2004, the French state took a 21% stake in Alstom for €772 million and Alstom received an EU-approved bailout worth in total €2.5 billion.<ref>{{cite news |url=http://news.bbc.co.uk/1/hi/3873149.stm |title=EU gives Alstom bailout backing |date=7 July 2004 |work=BBC News |archive-date=16 July 2023 |access-date=16 December 2010 |archive-url=https://web.archive.org/web/20230716025031/http://news.bbc.co.uk/1/hi/3873149.stm |url-status=live }}</ref> The company sold its [[electrical transmission]] and distribution ("grid") activities to [[Areva]], the diesel locomotive manufacturer [[Meinfesa]] to [[Vossloh]], and Alstom Power Rentals to APR LLC. Six years later, Alstom re-acquired the electric power transmission division of Areva.<ref>{{cite web|url=http://www.businessweek.com/news/2010-06-08/alstom-acquires-areva-division-for-2-3-billion-euros-update3-.html|title=Alstom Acquires Areva Division for 2.3 Billion Euros (Update3)|date=8 June 2010|publisher=[[Bloomberg LP|Bloomberg]]|work=www.businessweek.com}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}</ref><ref>{{cite news|url=https://www.reuters.com/article/idUSB8214820090309|title=Alstom wants to buy former unit from Areva|date=9 March 2009|website=[[Reuters]]|archive-date=16 July 2023|access-date=30 June 2017|archive-url=https://web.archive.org/web/20230716025031/https://www.reuters.com/article/idUSB8214820090309|url-status=live}}</ref> In 2005, the former Metro-Cammell rail vehicle works in [[Washwood Heath]] closed.<ref name=IRJJuly03>Alstom withdraws from train assembly in British ''[[International Railway Journal]]'' July 2003 page 4</ref> In the same year, Alstom sold its Australian subsidiary, Alstom Transport Australia and New Zealand, to [[UGL (company)|United Group]], which became part of the latter's [[UGL Rail]] division.<ref>[http://www.smh.com.au/news/Business/United-to-acquire-rail-business-Alstom/2005/06/02/1117568302238.html United to acquire rail business Alstom] {{Webarchive|url=https://web.archive.org/web/20140609144220/http://www.smh.com.au/news/Business/United-to-acquire-rail-business-Alstom/2005/06/02/1117568302238.html |date=9 June 2014 }} ''[[Sydney Morning Herald]]'' 2 June 2005</ref><ref>{{cite web |url=http://www.au.alstom.com/home/newsroom/press_archive/29275.EN.php?languageId=EN&dir=/home/newsroom/press_archive/ |title=Alstom signs agreement with United Group for sale of Australia & New Zealand transport business|publisher=Alstom|access-date=2008-08-02|archive-url=https://web.archive.org/web/20081006185932/http://www.au.alstom.com/home/newsroom/press_archive/29275.EN.php?languageId=EN&dir=/home/newsroom/press_archive/|archive-date=6 October 2008|url-status=dead}}</ref> Alstom would restart its manufacturing operations in Australia by the early 2010s.<ref>{{cite web|url=https://www.alstom.com/press-releases-news/2013/6/alstom-to-provide-an-additional-eight-xtrapolis-trainsets-for-melbournes-metropolitan-rail-network-in-australia|title=Alstom to provide an additional eight Xtrapolis trainsets for Melbournes Metropolitan Rail Network in Australia|publisher=Alstom|date=21 August 2013|access-date=16 January 2024|archive-date=16 January 2024|archive-url=https://web.archive.org/web/20240116114535/https://www.alstom.com/press-releases-news/2013/6/alstom-to-provide-an-additional-eight-xtrapolis-trainsets-for-melbournes-metropolitan-rail-network-in-australia|url-status=live}}</ref> In 2006, Alstom sold its Marine Division to the Norwegian group [[STX Europe|Aker Yards]], with a commitment to retain 25% of the shares until 2010; it also sold Alstom Power Conversion, which became [[Converteam]], in a leveraged buy-out deal funded by Barclays Private Equity France SAS.<ref>{{cite web |url=http://www.converteam.com/converteam/4/doc/Finance_Room/2006/Financial_Reports/2007_05_30_Converteam_Annual_Report_2006.pdf |title=Converteam Annual Report 2006 |date=5 May 2007 |website=Converteam.com|url-status=dead |archive-url=https://web.archive.org/web/20160916100456/http://www.converteam.com/converteam/4/doc/Finance_Room/2006/Financial_Reports/2007_05_30_Converteam_Annual_Report_2006.pdf |archive-date=16 September 2016 |df=dmy }}</ref> In June 2006, [[Bouygues]] acquired the French government's 21% holding in Alstom for €2 billion.<ref>{{citation |url=https://www.theguardian.com/business/2006/apr/28/france.internationalnews |title=Bouygues buys Alstom stake |date=28 April 2006 |work=[[The Guardian]] |location=London |first=David |last=Gow |access-date=10 December 2016 |archive-date=16 July 2023 |archive-url=https://web.archive.org/web/20230716025034/https://www.theguardian.com/business/2006/apr/28/france.internationalnews |url-status=live }}</ref> Later that year, Bouygues elected to increase its shareholding in the firm to 24%.{{Citation needed|date=January 2020}} [[File:Badaia - Parque Eólico -BT- 02.jpg|thumb|Alstom-Ecotècnia wind turbines in Spain]] In 2007, the TGV POS set the [[Land speed record for railed vehicles|world speed record for rail vehicles]] of {{convert|574.8|km/h|mi/h}}. In March, Alstom acquired ''Power Systems Manufacturing LLC'' ([[Florida]], USA) a manufacturer of gas turbine components from [[Calpine Corporation]] for $242 million.<ref>{{citation| page = 8| title = Annual Report 2006/7| publisher = Alstom| url = http://www.alstom.com/Global/Group/Resources/Documents/Investors%20document/AR%2007.pdf| access-date = 22 August 2014| archive-date = 4 March 2016| archive-url = https://web.archive.org/web/20160304115551/http://www.alstom.com/Global/Group/Resources/Documents/Investors%20document/AR%2007.pdf| url-status = live}}</ref> In June, Alstom acquired the Spanish wind turbine manufacturer Ecotècnia, renamed as [[Alstom Ecotècnia]] (since 2010 [[Alstom Wind]]). The company also adopted a new graphic chart (logo, corporate identity) using "alstom" as its trading name, reserving "Alstom SA" for legal documents. In 2009, Alstom acquired a 25% stake in the [[Russia]]n locomotive manufacturer [[Transmashholding]].<ref>{{cite web|url=http://eng.tmholding.ru/work/press/realises/2644|title=Alstom and the Russian rail manufacturer Transmashholding sign a strategic partnership agreement|date=31 March 2009|work=eng.tmholding.ru|url-status=dead|archive-url=https://archive.today/20120711051521/http://eng.tmholding.ru/work/press/realises/2644|archive-date=11 July 2012|df=dmy-all}}</ref><ref>Alstom acquires 25% stake in Transmashholding ''International Railway Journal'' April 2010 page 17</ref> Six years later, Alstom decided to increase its shareholding in Transmashholding to 33% at a reported cost of €54 million.<ref>{{citation| url = http://www.railjournal.com/index.php/financial/alstom-increases-stake-in-transmashholding.html?device=auto| title = Alstom increases stake in Transmashholding| first = Keith| last = Barrow| date = 29 December 2015| work = www.railjournal.com| access-date = 29 December 2015| archive-date = 18 August 2016| archive-url = https://web.archive.org/web/20160818183322/http://www.railjournal.com/index.php/financial/alstom-increases-stake-in-transmashholding.html?device=auto| url-status = live}}</ref> As a consequence of an alignment agreement between Transmashholding and another entity, [[LocoTech-Service]], Alstom's stake in the former decreased to 20% in August 2018.<ref>{{cite web |url = https://www.railwaygazette.com/business/transmashholding-and-locotech-service-stakes-pooled/46932.article |title = Transmashholding and LocoTech-Service stakes pooled |publisher = Railway Gazette |date = 7 August 2018 |access-date = 6 January 2020 |archive-date = 9 August 2020 |archive-url = https://web.archive.org/web/20200809053658/https://www.railwaygazette.com/business/transmashholding-and-locotech-service-stakes-pooled/46932.article |url-status = live }}</ref> In 2011, Alstom and the Iraqi government signed a [[memorandum of understanding]] regarding the construction of a new [[Baghdad–Basra high-speed rail line|high-speed rail line]] between [[Baghdad]] and [[Basra]].<ref>{{cite news|url=https://www.bbc.co.uk/news/world-middle-east-13909905 |title=Iraq: France's Alstom signs high-speed rail line deal |work=BBC News Online |date=24 June 2011 |access-date=27 June 2011 |archive-url=https://web.archive.org/web/20110627032731/http://www.bbc.co.uk/news/world-middle-east-13909905 |archive-date=27 June 2011 |url-status=live |df=dmy }}</ref> In 2012, Alstom opened construction of factories at [[Sorel-Tracy]], Quebec, Canada (passenger rail vehicles).<ref>{{citation| url = http://www.soreltracyregion.net/actualite/page/actualite/article/e/13302| title = Il réalise son engagement électoral le plus audacieux" Un jour pas si lointain, des bogies construits à Sorel-Tracy équiperont des rames de métro partout au Canada et aux États-Unis " – Sylvain Simard| first = Sylvain| last = Rochon| work = www.soreltracyregion.net| date = 20 May 2012| access-date = 22 May 2012| archive-date = 13 October 2016| archive-url = https://web.archive.org/web/20161013053942/http://www.soreltracyregion.net/actualite/page/actualite/article/e/13302| url-status = dead}}</ref> After a consortium of Alstom ([[Alstom Wind]]), [[Électricité de France|EDF]], and [[DONG Energy]] was awarded three major French offshore wind farm contracts, the company initiated construction of factories at [[Cherbourg-en-Cotentin]] (turbine blades in association with [[LM Wind Power|LM Power]], also wind turbine towers) and [[Saint-Nazaire]] (Nacelles and generators).<ref>Sources: * {{citation| url = http://investing.businessweek.com/research/stocks/news/article.asp?docKey=600-201204060640DOWJONESENRGYSVC000616-1¶ms=timestamp%7C%7C04/06/2012%206:40%20AM%20ET%7C%7Cheadline%7C%7CFrench%20Govt%20Picks%20EDF%2C%20Dong%2C%20Alstom%20For%20Offshore%20Wind%20Farms%7C%7CdocSource%7C%7CDow%20Jones%20and%20Company%2C%20Inc.%7C%7Cprovider%7C%7CACQUIREMEDIA%7C%7Crealtedsyms%7C%7C%7C%7C%7CUS%3BARVCY%7C%7CUS%3BIBDRY%7CES%3BIBE&ticker=IBE:SM| title = French Govt Picks EDF, DONG, Alstom For Offshore Wind Farms| date = 6 April 2012| publisher = Dow Jones and Company Inc.}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}} * {{citation| url = http://www.rechargenews.com/energy/wind/article310783.ece| title = Green Street: Et voilà! A French offshore wind turbine industry| first = Ben| last = Backwell| date = 13 April 2012| work = www.rechargenews.com| access-date = 22 May 2012| archive-date = 16 April 2012| archive-url = https://web.archive.org/web/20120416084209/http://www.rechargenews.com/energy/wind/article310783.ece| url-status = live}} * {{citation| url = https://www.reuters.com/article/edf-idUSL6E8F60GH20120406| work = www.reuters.com| title = Alstom win bulk of French wind farm tender (UPDATE 2-EDF)| date = 6 April 2012| first = Muriel| last = Boselli| access-date = 5 July 2021| archive-date = 16 July 2023| archive-url = https://web.archive.org/web/20230716025037/https://www.reuters.com/article/edf-idUSL6E8F60GH20120406| url-status = live}} * {{citation| language = fr| url = http://www.businesswire.com/news/home/20120406005066/fr/| title = Alstom confirme l'implantation de 4 usines à Cherbourg et Saint-Nazaire pour livrer son éolienne Haliade 150 au consortium EDF EN| date = 6 April 2012| work = www.businesswire.com| publisher = Alstom| access-date = 22 May 2012| archive-date = 5 November 2013| archive-url = https://web.archive.org/web/20131105074748/http://www.businesswire.com/news/home/20120406005066/fr/| url-status = live}}</ref> Also in 2012, the company formed a joint venture with [[RusHydro]] to manufacture hydropower equipment for small and medium power hydropower plants (up to about 100 MW).<ref>{{citation| url = http://www.waterpowermagazine.com/story.asp?sectioncode=130&storyCode=2062377| title = Alstom and RusHydro start work on new manufacturing plant| date = 15 May 2012| work = www.waterpowermagazine.com| url-status = dead| archive-url = https://archive.today/20130205220602/http://www.waterpowermagazine.com/story.asp?sectioncode=130&storyCode=2062377| archive-date = 5 February 2013| df = dmy-all}}</ref> Late in 2012, to further the development of its tidal energy business, Alstom acquired [[Development of tidal stream generators#Tidal Generation Ltd|Tidal Generation Ltd]] from [[Rolls-Royce Holdings|Rolls-Royce]], however this was later sold to [[General Electric|GE]] in 2015 as part of the sale of Alstom's energy business.<ref name=":38">{{Cite web |title=Alstom to acquire Tidal Generation Ltd - NS Energy |date=27 September 2012 |url=https://www.nsenergybusiness.com/news/newsalstom-to-acquire-tidal-generation-ltd/ |access-date=2024-05-04 |language=en-US |archive-date=3 February 2024 |archive-url=https://web.archive.org/web/20240203180936/https://www.nsenergybusiness.com/news/newsalstom-to-acquire-tidal-generation-ltd/ |url-status=live }}</ref><ref name=":39">{{Cite web |date=2015-11-03 |title=Alstom has finally sold its energy business to GE for $13.6b |url=https://www.independent.co.uk/news/business/news/alstom-sells-energy-business-to-ge-for-13-6b-a6718056.html |access-date=2024-05-04 |website=The Independent |language=en |archive-date=4 May 2024 |archive-url=https://web.archive.org/web/20240504233051/https://www.independent.co.uk/news/business/news/alstom-sells-energy-business-to-ge-for-13-6b-a6718056.html |url-status=live }}</ref> In November 2013, Alstom announced it planned to raise €1 to €2 billion through sale of some non-core assets, plus the possible sale of a stake in Alstom Transport, and cut 1,300 jobs.<ref>{{citation |url=http://www.ft.com/cms/s/0/4333c582-46c0-11e3-9c1b-00144feabdc0.html#axzz2zqRbgQVc |archive-url=https://ghostarchive.org/archive/20221210221218/https://www.ft.com/content/4333c582-46c0-11e3-9c1b-00144feabdc0#axzz2zqRbgQVc |archive-date=10 December 2022 |url-access=subscription |url-status=live |title=Alstom to cut 1,300 jobs and sell assets |first=Michael |last=Stothard |date=6 November 2013 |work=[[Financial Times]] |access-date=25 April 2014 }}</ref><ref>{{citation| url = https://www.wsj.com/news/articles/SB10001424052702303763804579181002675713342| title = Alstom to Sell Stake in Bullet-Train Unit – French Conglomerate Targets $1.35 Billion to $2.7 Billion in Asset sales| first = Init| last = Landauro| date = 6 November 2013| work = online.wsj.com| access-date = 13 March 2017| archive-date = 27 August 2016| archive-url = https://web.archive.org/web/20160827073156/http://www.wsj.com/news/articles/SB10001424052702303763804579181002675713342| url-status = live}}</ref> In 2014, Alstom sold its steam auxiliary components activities (air preheaters and gas-gas heaters for thermal power, other industrial heat transfer equipment, and grinding mills) to [[Triton Partners]] for €730 million.<ref>{{citation| url = http://www.alstom.com/press-centre/2014/4/alstom-sells-its-steam-auxiliary-components-activities-to-triton-for-around-730-million/| title = Alstom sells its steam auxiliary components activities to Triton for around €730 million| date = 4 April 2014| type = Press release| publisher = Alstom| access-date = 25 April 2014| archive-date = 17 July 2018| archive-url = https://web.archive.org/web/20180717101526/http://www.alstom.com/press-centre/2014/4/alstom-sells-its-steam-auxiliary-components-activities-to-triton-for-around-730-million/| url-status = live}}</ref> In November 2014 Alstom was awarded a $429.4 million contract to modernise 85 trains for the [[Mexico City Metro]] system.<ref>[https://www.reuters.com/article/us-mexico-alstom-idUSKCN0J000N20141116 Mexico City awards $430 million train contract to Alstom] {{Webarchive|url=https://web.archive.org/web/20230716025037/https://www.reuters.com/article/us-mexico-alstom-idUSKCN0J000N20141116 |date=16 July 2023 }}. [[Reuters]], 17 November 2014</ref> ==== Judicial investigations ==== Starting in 2009, Alstom's practices were questioned by the [[United States Department of Justice]] (DOJ), which violated the 1977 [[Foreign Corrupt Practices Act]]. This American law has [[Extraterritorial jurisdiction|extraterritorial]] scope. At the time, Alstom seemed to cooperate with the proceedings.<ref>{{Cite web|date=2019-07-18|title=À lire : " Le piège américain " de F. Pierucci|url=https://www.lemoci.com/actualites/actualites/a-lire-le-piege-americain-de-f-pierucci/|access-date=2021-05-28|website=Le Moci|language=fr-FR}}</ref> In 2010, the DOJ opened an investigation into Alstom's commercial practices, focusing on a 2003 deal in [[Indonesia]] valued at $118 million in particular.<ref>{{Cite web|date=2017-11-17|title=Quand un cadre d'Alstom se retrouve en prison|url=https://www.lesechos.fr/2017/11/quand-un-cadre-dalstom-se-retrouve-en-prison-188306|access-date=2021-05-28|website=Les Echos|language=fr|archive-date=16 July 2023|archive-url=https://web.archive.org/web/20230716025037/https://www.lesechos.fr/2017/11/quand-un-cadre-dalstom-se-retrouve-en-prison-188306|url-status=live}}</ref> On April 13, 2013, Alstom senior executive [[Frédéric Pierucci]] was arrested at the [[John F. Kennedy International Airport]] in [[New York City|New York]]. He was accused of [[willful blindness]] of his company's suspected corruption and was imprisoned in a high security facility for 14 months and denied release on [[bail]] until the week of Alstom's acquisition by the US conglomerate [[General Electric]].<ref>{{Citation|title=Alstom : la France vendue à la découpe ? Frédéric Pierucci [EN DIRECT]| date=8 July 2019 |url=https://www.youtube.com/watch?v=dejeVuL9-7c |archive-url=https://ghostarchive.org/varchive/youtube/20211211/dejeVuL9-7c| archive-date=2021-12-11 |url-status=live|language=en|access-date=2021-05-28}}{{cbignore}}</ref><ref name=":1">{{Cite journal|date=2019-01-16|title=L'éclairant calvaire de Frédéric Pierucci, lampiste et appât de l'affaire Alstom|url=https://www.usinenouvelle.com/editorial/le-calvaire-de-frederic-pierucci-lampiste-et-appat-de-l-affaire-alstom.N793624|language=fr|last1=Nouvelle|first1=L'Usine|archive-date=16 July 2023|access-date=29 May 2021|archive-url=https://web.archive.org/web/20230716025036/https://www.usinenouvelle.com/editorial/le-calvaire-de-frederic-pierucci-lampiste-et-appat-de-l-affaire-alstom.N793624|url-status=live}}</ref> In late 2014, Alstom was fined $772 million by the DOJ, and admitted guilt under the Foreign Corrupt Practices Act in relation to bribes paid to obtain contracts in various countries.<ref>{{Cite news|last1=Lynch|first1=Sarah N.|date=22 December 2014|title=Alstom to pay record $772 million to settle bribery charges with U.S.|website=Reuters.com|publisher=Reuters|url=https://www.reuters.com/article/us-alstom-bribery-idUSKBN0K01DF20141222/|archive-date=16 July 2023|access-date=5 July 2021|archive-url=https://web.archive.org/web/20230716025045/https://www.reuters.com/article/us-alstom-bribery-idUSKBN0K01DF20141222|url-status=live}}</ref><ref>{{citation|last=Tovey|first=Alan|title=Alstom fined $772m in US for 'brazen' and 'astounding' foreign bribery schemes|date=22 December 2014|url=https://www.telegraph.co.uk/finance/financial-crime/11309119/Alstom-fined-772m-in-US-for-brazen-and-astounding-foreign-bribery-schemes.html |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/finance/financial-crime/11309119/Alstom-fined-772m-in-US-for-brazen-and-astounding-foreign-bribery-schemes.html |archive-date=12 January 2022 |url-access=subscription |url-status=live|work=The Telegraph|location=London}}{{cbignore}}</ref> In mid-2014, Alstom Network UK was charged by the UK [[Serious Fraud Office (United Kingdom)|Serious Fraud Office]] (SFO) in relation to corruption offences alleged to have been committed when obtaining transportation contracts in India, Poland and Tunisia, covered under sections 1 of the [[Prevention of Corruption Act 1906]] and [[Criminal Law Act 1977]].<ref>{{citation|title=Criminal charges against Alstom in the UK|date=27 July 2014|url=http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2014/criminal-charges-against-alstom-in-the-uk.aspx|work=www.sfo.gov.uk|df=dmy-all|archive-url=https://web.archive.org/web/20141225003506/http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2014/criminal-charges-against-alstom-in-the-uk.aspx|archive-date=25 December 2014|url-status=dead}}</ref> Further charges were brought in late 2014 by the SFO in relation to corrupt practices used to obtain energy contracts in Lithuania.<ref>{{citation|last=Ring|first=Suzi|title=Alstom Charged in U.K. With Paying Bribes Over 8 Years|date=24 December 2014|url=https://www.bloomberg.com/news/2014-12-22/alstom-charged-in-u-k-with-paying-bribes-to-agents-over-8-years.html|work=www.bloomberg.com|access-date=5 March 2017|archive-date=25 December 2014|archive-url=https://web.archive.org/web/20141225054747/http://www.bloomberg.com/news/2014-12-22/alstom-charged-in-u-k-with-paying-bribes-to-agents-over-8-years.html|url-status=live}}</ref> Additional charges relating to contracts for the [[Budapest Metro]] in Hungary were added in April 2015.<ref>{{citation|last=Cruise|first=Sinead|title=files more corruption charges against Alstom's UK unit (UPDATE 1-UK)|date=16 April 2015|url=https://www.reuters.com/article/sfo-alstom-idUSL5N0XD3KL20150416|work=www.reuters.com|access-date=5 July 2021|archive-date=18 April 2022|archive-url=https://web.archive.org/web/20220418021002/https://www.reuters.com/article/sfo-alstom-idUSL5N0XD3KL20150416|url-status=live}}</ref> In December 2018, three executives of Alstom were found guilty of conspiracy to corrupt following an investigation by the SFO into allegations of several [[Lithuania]]n politicians and officials being offered [[bribe]]s in return for securing contracts.<ref>{{cite web |url=https://www.theguardian.com/law/2018/dec/19/alstom-executives-found-guilty-of-conspiracy-to-corrupt |title=Three Alstom executives guilty of conspiracy to corrupt |first=David |last=Pegg |date=19 December 2018 |website=Theguardian.com}}</ref> In February 2020, the [[United Nations]] published a [[List of companies operating in West Bank settlements|database]] of all business enterprises involved in certain specified activities related to the [[Israeli settlement]]s.<ref name="unlist_ohchr">{{cite news |date=12 February 2020 |title=UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory |url=https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=25542 |work=[[Office of the United Nations High Commissioner for Human Rights]] |access-date=5 July 2021 |archive-date=9 July 2021 |archive-url=https://web.archive.org/web/20210709093910/https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=25542 |url-status=live }}</ref><ref name="unlist_reliefweb">{{cite news |date=14 February 2020 |title=Database of all business enterprises involved in certain activities relating to Israeli settlements in East Jerusalem and the West Bank (A/HRC/43/71) |url=https://reliefweb.int/report/occupied-palestinian-territory/database-all-business-enterprises-involved-certain-activities |work=[[ReliefWeb]] |access-date=5 July 2021 |archive-date=9 July 2021 |archive-url=https://web.archive.org/web/20210709183439/https://reliefweb.int/report/occupied-palestinian-territory/database-all-business-enterprises-involved-certain-activities |url-status=live }}</ref> Alstom has been listed on the database in light of its involvement in activities related to "the provision of services and utilities supporting the maintenance and existence of settlements" and "the use of natural resources, in particular [[Israeli expropriation of Palestinian springs in the West Bank|water]] and [[Land expropriation in the West Bank|land]], for business purposes".<ref name="unlist_ohchr" /><ref name="unlist_reliefweb" /> On 5 July 2021, [[Norway]]'s largest pension fund [[Kommunal Landspensjonskasse|KLP]] said it would divest from Alstom together with 15 other business entities implicated in the UN report for their links to Israeli settlements in the occupied West Bank.<ref>{{cite web|url=https://www.reuters.com/world/middle-east/nordic-fund-klp-excludes-16-companies-over-links-israeli-settlements-west-bank-2021-07-05/|title=Nordic fund KLP excludes 16 companies over links to Israeli settlements in West Bank|first1=Gwladys|last1=Fouche|first2=Simon|last2=Jessop|date=5 July 2021|publisher=Reuters|access-date=2021-09-13|archive-date=6 July 2021|archive-url=https://archive.today/20210706203657/https://www.reuters.com/world/middle-east/nordic-fund-klp-excludes-16-companies-over-links-israeli-settlements-west-bank-2021-07-05/|url-status=live}}</ref>
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