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| Company type | Società per azioni |
|---|---|
| Traded as | BIT: STS |
| Industry | Engineering, transportation |
| Founded | 2006 |
| Headquarters | Genoa, Italy |
| Key people | Sergio De Luca (CEO), Alessandro Pansa (Chairman) |
| Services | Railway signalling and control systems, railway design, engineering and maintenance |
| Revenue | €1.284 billion (2010) |
| Operating income | €137.1 million (2010) |
| Net income | €94.6 million (2010) |
| Total assets | €1.620 billion (end 2010) |
| Total equity | €381.5 million (end 2010) |
| Number of employees | 4,220 (end 2010) |
| Parent | Finmeccanica |
| Website | www.ansaldo-sts.com |
Ansaldo STS S.p.A. is a multinational technology company which produces signalling and automation systems for use by rail and rapid transit operators. The firm also acts as lead contractor and turnkey provider on new rail developments. Headquartered in Genoa, Italy and controlled with a 40% stake by Finmeccanica, the company's shares are listed on the Borsa Italiana and have been a component of the benchmark FTSE MIB index since March 2009.
History
The company was founded in 2006 through the merger of two companies wholly owned by Finmeccanica: Ansaldo Trasporti Sistemi Ferroviari, a provider of rail transit design, construction and maintenance services, and Ansaldo Signal, a provider of railway signalling systems. Both companies had their roots in the Ansaldo engineering conglomerate which was gradually absorbed by Finmeccanica in the latter half of the 20th century. Ansaldo Signal was formed in 1996 as a parent company for Ansaldo's various signalling interests, which included Union Switch & Signal of the United States and CSEE of France. Ansaldo Trasporti Sistemi Ferroviari was created in 2000, acquiring certain units of Ansaldo Trasporti (which had been fully integrated into Finmeccanica) the following year. The creation of Ansaldo STS was followed by a partial IPO in March 2006. Finmeccanica has retained a 40% stake in the company since.
Operations
The company's operations are split into two divisions: a signalling unit, which also includes train protection systems and other control measures; and transport systems, which is involved in all stages of new turnkey railway and rapid transit developments. Major projects involving Ansaldo STS and its predecessor companies include the Copenhagen Metro, where it is responsible for the provision of rolling stock, Automatic Train Control, SCADA and other services; and signalling on LGV Est in France and High Speed 1 in the United Kingdom. The company has also won contracts for signalling, train control and/or maintenance for the Metro systems of Paris, Los Angeles, Rome, Milan, Hong Kong, Naples, Shenyang, India, and Thessaloniki.
See also
References
- ^ "Annual Report 2010" (PDF). Ansaldo STS. Retrieved 22 April 2011.
- Winterbottom, Jo (9 March 2009). "S&P makes changes to Milan's S&P/MIB index". Reuters. Retrieved 15 October 2010.
- ^ "Company Profile: Company Timeline". Ansaldo STS. Retrieved 2009-06-13.
- "Finmeccanica's Ansaldo STS IPO greenshoe option fully exercised". AFX News. Forbes. 28 March 2006. Retrieved 2009-06-13.
- ^ "Company Profile: Ansaldo STS Main Projects". Ansaldo STS. Retrieved 2009-06-13.
External links
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