Alstom, one of the world’s leading companies in smart and sustainable mobility, on Tuesday revealed the scale of its economic impact on the UK and Ireland: one billion pounds contribution to UK GDP.
According to its 2023 Economic Impact Report, published on the 200th anniversary of the world’s first locomotive factory (at Newcastle – the Robert Stephenson and Company), the French company’s contribution to the UK and Ireland’s GDP is £1 billion.
According to the economic impact report by EY, Alstom claimed a contribution of almost £1 billion to UK and Ireland GDP in FY2022/23. The report also shows that the train manufacturer works with 1,144 suppliers in the UK and Ireland and supports more than 17,000 jobs. Alstom plays a central role in the UK rail industry, delivering some of the largest rail programmes in the country from its headquarters in Derby and 36 other locations across the UK and Ireland.
Alstom has been part of the fabric of Britain’s railway system for two centuries, and this month celebrated the bicentenary of Robert Stephenson & Co’s Newcastle factory, which later became part of Alstom.
Producers of AVENTRA – the UK’s largest train manufacturing programme in the last generation – Alstom continues to support governments, train operators, rolling stock owners, infrastructure owners and maintainers to increase passenger numbers, raise revenue and improve rail reliability, while meeting decarbonisation targets.
“This report highlights the value Alstom brings to the UK and Irish economies. With a 200-year heritage in the UK, we continue to support thousands of jobs across the country, with our 37 sites home to some of the UK’s largest and best-known train manufacturing and refurbishment projects, including the Elizabeth Line, HS2 and the flagship West Coast Pendolino fleet,” says Nick Crossfield, Managing Director of Alstom UK & Ireland.
During this financial period, Alstom is due to complete the delivery of the AVENTRA ‘order book’, totalling over 2,600 carriages, and is also preparing for the manufacture of 54 HS2 trains to roll out of the Derby plant.
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