Transportation Industry
Royal Begemann Group - sells traction equipment manufacturer to Alstom - Brief Article
International Railway Journal, May, 2000
Alstom has bought the Dutch traction equipment manufacturer, Traxis, from the Royal Begemann Group. Traxis, based in Ridderkerk, near Rotterdam, has annual sales worth Euros 35 million ($US 33.9 million). It designs and manufactures electric propulsion and electronic control systems for trains and light rail vehicles.
COPYRIGHT 2000 Simmons-Boardman Publishing Corporation
COPYRIGHT 2002 Gale Group
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