Alstom Wins €393 Million Contract to Modernise Greek Passenger Rail with New EMU Fleet

Alstom SA ( (FR:ALO) ) has issued an announcement.

Alstom has signed a €393 million contract with Hellenic Train, Greece’s main private railway operator, to supply 23 Coradia Stream electric multiple units along with 10 years of associated maintenance, in a move aimed at modernising Greek passenger rail services. The six-car trains, produced at Alstom’s Savigliano site in Italy, will serve both suburban and intercity routes, offer differentiated seating capacities, and feature enhanced passenger comfort and accessibility, including large luggage racks, charging sockets, bicycle and stroller spaces, and advanced passenger information and counting systems. Equipped with ERTMS Level 2 and compliant with European interoperability standards, the trains reinforce Alstom’s footprint in the Greek and wider European rail market, while the long-term maintenance programme underscores a focus on lifecycle efficiency, reliability and sustained service quality for passengers and the operator.

The most recent analyst rating on (FR:ALO) stock is a Sell with a EUR19.50 price target. To see the full list of analyst forecasts on Alstom SA stock, see the FR:ALO Stock Forecast page.

More about Alstom SA

Alstom SA is a global leader in smart and sustainable mobility, specialising in the design and manufacture of rolling stock, signalling systems and related services for rail transport. Its Coradia family of regional and intercity trains is widely deployed across Europe, with more than 4,500 units sold worldwide, giving the company a strong presence in key EU rail markets and positioning it as a major supplier for modern, efficient and low-emission passenger rail solutions.

YTD Price Performance: 15.35%

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Technical Sentiment Signal: Buy

Current Market Cap: €11.49B

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