Misplaced Pages

#371628

38-504: In 1853, the company Gio. Ansaldo & C. was registered in Genoa as a manufacturer of steam locomotives, rail rolling stock and steam engines. The company was backed by Camillo Benso, Count of Cavour , the powerful finance minister of Piedmont-Sardinia , who aimed to reduce its dependence on imported trains and rolling stock. Ansaldo entered the age of the steam locomotive in 1854 with its model FS113, also known as Sampierdarena . During

76-566: A 4-year project the region of Stockholm decided to cancel the contract on new signal system for the red metro line in Stockholm with Ansaldo on 1 billion SEK. The prepayment of hundreds of million SEK is currently up in arbitration court. In spite of its overall terminal crisis, AnsaldoBreda managed to successfully participate in the Italian high-speed trains program until the very end of its existence. The ETR 500 , that entered service in 1993,

114-644: A consortium with Bombardier Transportation and entered service in 2015. On 26 February 2016, a Frecciarossa 1000 reportedly attained a peak speed of 393.8 km/h (244.7 mph) while traversing the Torino-Milano high speed line. Lacking the funds for a proper restructuring of its troubled subsidiary, Finmeccanica announced on 2 November 2015 the 'closing of transactions' covering the purchase of AnsaldoBreda by Hitachi , together with Finmeccanica's 40% stake in Ansaldo STS , for $ 2.2 billion. Under

152-692: A dividend distribution announced on 6 March, the purchase price for Finmeccanica's stake in Ansaldo STS has been set at €9.50 per share, amounting to a total of €761m. The total net consideration to be paid for AnsaldoBreda as a going concern, including property assets, amounts to around €30m. As a part of the deal Finmeccanica would keep the responsibility for some residual contracts. Since being acquired by Hitachi, production of some British Rail Class 802 has been shifted to Hitachi Rail Italy's Pistoia plant due to Hitachi Rail's Newton Aycliffe plant , being at capacity. (All of these metros are being used in

190-577: A financial crisis with its largest creditor, Banca Italiana di Sconto , and problems in reconverting factories after the end of World War I, the Perrone family abandoned the company in 1921, and the Banca d'Italia led a consortium to save it from bankruptcy . Company strategies were drastically sized down, and during the 1920s, even though electro-mechanical productions grew significantly, Ansaldo found itself in such dire difficulties that it finally entered

228-435: A peak speed of 393.8 km/h (244.7 mph) while traversing the Torino-Milano high speed line. Lacking the funds for a proper restructuring of its troubled subsidiary, Finmeccanica announced on 2 November 2015 the 'closing of transactions' covering the purchase of AnsaldoBreda by Hitachi , together with Finmeccanica's 40% stake in Ansaldo STS , for $ 2.2 billion. Under the agreements signed on 24 February 2015, following

266-720: A significant growth: Ansaldo had 22,000 employees in 1939, and 35,000 in 1943. After the end of World War II, conversion to peacetime production again caused problems for the company. In 1948, IRI entrusted the company to Finmeccanica , which operated several reorganisation measures during the 1950s and 1960s, such as the relinquishing of all shipbuilding activities to Italcantieri of Trieste in 1966. From that year, Finmeccanica further engaged Ansaldo within its activities, and in 1980 they formed Italy's largest thermo-electric group. In 1993, Ansaldo ceased to exist as an independent entity, having been completely absorbed by Finmeccanica. Some companies controlled by Leonardo S.p.A. still bear

304-557: A train operator while in manual mode (which is the only mode used since the June 2009 Washington Metro train collision ). On 7 June 2017 Metro announced that the 4000-series cars would be fully retired and removed from service on 1 July 2017, and by that date all cars were taken out of service. Delivery of 83 IC4 AnsaldoBreda trainsets for the Danish State Railways DSB was originally planned for 2003–2006. However,

342-428: A train operator while in manual mode (which is the only mode used since the June 2009 Washington Metro train collision ). On 7 June 2017 Metro announced that the 4000-series cars would be fully retired and removed from service on 1 July 2017, and by that date all cars were taken out of service. Delivery of 83 IC4 AnsaldoBreda trainsets for the Danish State Railways DSB was originally planned for 2003–2006. However,

380-668: The FS Class ETR 500 . In a massive restructuring effort, in 2001 the Italian state merged all the rolling stock activities of the then loss-making Ansaldo and Breda in a new company, AnsaldoBreda , that in turn became part of the Finmeccanica state-owned group. The new company won a string of big contracts across Europe and the United States; however, lacking adequate funding and capacity, AnsaldoBreda became infamous for its unreliable products and long delays, damaging

418-482: The FS Class ETR 500 . In a massive restructuring effort, in 2001 the Italian state merged all the rolling stock activities of the then loss-making Ansaldo and Breda in a new company, AnsaldoBreda , that in turn became part of the Finmeccanica state-owned group. The new company won a string of big contracts across Europe and the United States; however, lacking adequate funding and capacity, AnsaldoBreda became infamous for its unreliable products and long delays, damaging

SECTION 10

#1732772085372

456-714: The First World War , Ansaldo became a large supplier of weapons to the Italian army; facing insurmountable difficulties with post-war reconversion to civilian industry, the company was eventually nationalised in 1921. During the rest of the 1900s, the company diversified in different fields, especially power generation ( Ansaldo Energia ) and nuclear research, while the rolling stock activities were reunited under Ansaldo Trasporti. In 1886, Ernesto Breda founded in Milan Società Italiana Ernesto Breda . By 1908, Breda's thousandth locomotive

494-555: The First World War , Ansaldo became a large supplier of weapons to the Italian army; facing insurmountable difficulties with post-war reconversion to civilian industry, the company was eventually nationalised in 1921. During the rest of the 1900s, the company diversified in different fields, especially power generation ( Ansaldo Energia ) and nuclear research, while the rolling stock activities were reunited under Ansaldo Trasporti. In 1886, Ernesto Breda founded in Milan Società Italiana Ernesto Breda . By 1908, Breda's thousandth locomotive

532-505: The Gothenburg tram network during 2005 and onwards. The trams were delivered late and functioned poorly when put into traffic. Among reported problems were corrosion, excessive track damage caused by the trams, malfunctioning air conditioners inside the trams and poor ride quality. The City of Gothenburg therefore withheld a large part of the payment for a delivered tram until fully operational. The 32 two-directional trams delivered for

570-606: The Milan Metro network as of 2023.) [REDACTED] Media related to Hitachi Rail Italy at Wikimedia Commons Gio. Ansaldo %26 C. Ansaldo was one of Italy's oldest and most important engineering companies, existing for 140 years from 1853 to 1993. The company was founded in 1853 as Gio. Ansaldo & C. S.A.S. by renowned players in the Genoese business world, such as Giovanni Ansaldo , Raffaele Rubattino , Giacomo Filippo Penco and Carlo Bombrini . Until

608-468: The Oslo Tramway from 1999, called SL95 , have met several difficulties with rust during snowy weather and the heavy weight necessitates much maintenance to streets and tracks, which make the trams expensive to operate. They are also considered to create more noise than necessary. The replacement of the trams will start in 2020 and the last trams will be taken out of service in 2024. After 7 years on

646-581: The Ansaldo family name: AnsaldoBreda Hitachi Rail Italy S.p.A. was a multinational rolling stock manufacturer company based in Pistoia , Italy . Formerly AnsaldoBreda S.p.A. , a subsidiary of state-owned Finmeccanica , the company was sold in 2015 to Hitachi Rail of Japan . After the deal was finalized, the current name was adapted in November 2015 to reflect the new ownership. In 1853,

684-520: The Italian high-speed trains program until the very end of its existence. The ETR 500 , that entered service in 1993, was continuously upgraded and ran at a record speed of 362 km/h (225 mph) in the Monte Bibele tunnel between Florence and Bologna in 2009, setting a speed record for trains in a tunnel . A new generation high-speed train, the Frecciarossa 1000 , was developed in

722-687: The agreements signed on 24 February 2015, following a dividend distribution announced on 6 March, the purchase price for Finmeccanica's stake in Ansaldo STS has been set at €9.50 per share, amounting to a total of €761m. The total net consideration to be paid for AnsaldoBreda as a going concern, including property assets, amounts to around €30m. As a part of the deal Finmeccanica would keep the responsibility for some residual contracts. Since being acquired by Hitachi, production of some British Rail Class 802 has been shifted to Hitachi Rail Italy's Pistoia plant due to Hitachi Rail's Newton Aycliffe plant , being at capacity. (All of these metros are being used in

760-445: The company Gio. Ansaldo & C. was registered in Genoa as a manufacturer of steam locomotives, rail rolling stock and steam engines. The company was backed by Camillo Benso, Count of Cavour , the powerful finance minister of Piedmont-Sardinia , who aimed to reduce its dependence on imported trains and rolling stock. Ansaldo entered the age of the steam locomotive in 1854 with its model FS113, also known as Sampierdarena . During

798-400: The company. Over the next twenty years, he aimed at making Ansaldo fully independent both in the ironworks and weapon-making areas, thanks to strong vertical integration . The onset of World War I was of obvious potential benefit to the company, though Italy was initially neutral. Ansaldo advocated for Italian entry into the war, both directly and by funding political groups that supported

SECTION 20

#1732772085372

836-459: The contract with AnsaldoBreda . The City of Gothenburg in Sweden has ordered 40 one-directional Sirio trams which were to be put into service on the Gothenburg tram network during 2005 and onwards. The trams were delivered late and functioned poorly when put into traffic. Among reported problems were corrosion, excessive track damage caused by the trams, malfunctioning air conditioners inside

874-471: The control of the Istituto per la Ricostruzione Industriale (IRI), under which the company found new life and growth, partly thanks to the new war effort during fascism . The main figure in this rebirth, the engineer Agostino Rocca , reconfigured the structure and organisation of the company during his tenure as chief executive officer from 1935 to the end of World War II . War contracts indeed led to

912-413: The end of the 19th century, the company focused on manufacturing and repairing railway components, quickly becoming a 10,000-worker company with seven factories, and starting to expand into sectors such as shipbuilding and mechanical works in general. In 1904, Ansaldo was bought by Ferdinando Maria Perrone who, along with his sons Mario and Pio , bound the name of the Perrone family to the history of

950-752: The high-speed line between the Netherlands and Belgium , the V250 suffered a number of severe technical problems. The Fyra had a poor reputation for reliability. After a month of operations more than 5% of all trains were cancelled and less than 45% of them ran on schedule. On 31 May 2013, the Belgium partner NMBS/SNCB announced that they would exit the Fyra project and cancel the contract with AnsaldoBreda . The City of Gothenburg in Sweden has ordered 40 one-directional Sirio trams which were to be put into service on

988-523: The last train was delivered only in 2013 and IC4 trains have seen many technical problems during their service. DSB announced in 2016 that the trains would be withdrawn from service from 2024. After winning a big contract for the Dutch-Belgium Fyra project in 2004, nine V250 train units were delivered to the Dutch partner NS over five years later than originally contracted. Soon after

1026-428: The last train was delivered only in 2013 and IC4 trains have seen many technical problems during their service. DSB announced in 2016 that the trains would be withdrawn from service from 2024. After winning a big contract for the Dutch-Belgium Fyra project in 2004, nine V250 train units were delivered to the Dutch partner NS over five years later than originally contracted. Soon after the trains went into service on

1064-538: The reputation of the company. In 1991, 100 4000 Series railcars from AnsaldoBreda were delivered to the Washington Metropolitan Area Transit Authority . On 4 July 2010, after several incidents where the doors would open while the train was in motion, Metro removed the fleet for repairs until 20 July that year. On 17 November 2016 Metro discovered an error in which a 4000-series car would display an incorrect speed limit to

1102-432: The reputation of the company. In 1991, 100 4000 Series railcars from AnsaldoBreda were delivered to the Washington Metropolitan Area Transit Authority . On 4 July 2010, after several incidents where the doors would open while the train was in motion, Metro removed the fleet for repairs until 20 July that year. On 17 November 2016 Metro discovered an error in which a 4000-series car would display an incorrect speed limit to

1140-416: The trains went into service on the high-speed line between the Netherlands and Belgium , the V250 suffered a number of severe technical problems. The Fyra had a poor reputation for reliability. After a month of operations more than 5% of all trains were cancelled and less than 45% of them ran on schedule. On 31 May 2013, the Belgium partner NMBS/SNCB announced that they would exit the Fyra project and cancel

1178-504: The trams and poor ride quality. The City of Gothenburg therefore withheld a large part of the payment for a delivered tram until fully operational. The 32 two-directional trams delivered for the Oslo Tramway from 1999, called SL95 , have met several difficulties with rust during snowy weather and the heavy weight necessitates much maintenance to streets and tracks, which make the trams expensive to operate. They are also considered to create more noise than necessary. The replacement of

Hitachi Rail Italy - Misplaced Pages Continue

1216-442: The trams will start in 2020 and the last trams will be taken out of service in 2024. After 7 years on a 4-year project the region of Stockholm decided to cancel the contract on new signal system for the red metro line in Stockholm with Ansaldo on 1 billion SEK. The prepayment of hundreds of million SEK is currently up in arbitration court. In spite of its overall terminal crisis, AnsaldoBreda managed to successfully participate in

1254-625: The war, such as Benito Mussolini 's proto-Fascist movement. The efforts paid off when Italy entered the war. In 1914 the company was worth 30 million lire , but its market value grew to 500 million in 1918. When the company issued shares in the summer of 1918 worth 400 million lire Ansaldo employed 80,000 workers, had dozens of factories and controlled companies such as A. Cerpelli & C., Banca industriale Italiana , Cantieri Officine Savoia , Dynamit Nobel, Gio.Fossati & C., Lloyd Italico , Nazionale di Navigazione , Pomilio , Società Idroelettrica Negri , and Transatlantica Italiana . Following

1292-527: Was built. Breda entered the electric locomotive era in 1936 with the production of the FS Class ETR 200 series electric multiple unit . In 1939 this type set the land speed record for rail vehicles at 203 km/h (126 mph). Similarly to Ansaldo, also Breda became a main weapon supplier to the Fascist regime, especially of artillery and airplanes. After the Second World War the company

1330-403: Was built. Breda entered the electric locomotive era in 1936 with the production of the FS Class ETR 200 series electric multiple unit . In 1939 this type set the land speed record for rail vehicles at 203 km/h (126 mph). Similarly to Ansaldo, also Breda became a main weapon supplier to the Fascist regime, especially of artillery and airplanes. After the Second World War the company

1368-414: Was continuously upgraded and ran at a record speed of 362 km/h (225 mph) in the Monte Bibele tunnel between Florence and Bologna in 2009, setting a speed record for trains in a tunnel . A new generation high-speed train, the Frecciarossa 1000 , was developed in a consortium with Bombardier Transportation and entered service in 2015. On 26 February 2016, a Frecciarossa 1000 reportedly attained

1406-410: Was facing bankruptcy, and was eventually nationalised in 1947. During the Italian economic miracle of the 1950-60s, Breda produced a highly successful commuter train, the FS Class ETR 300 , several classes of railcars and locomotives , and diversified into defense ( OTO Melara ) and, especially, buses . In the 1980s Breda participated in the consortium that designed the first Italian high-speed train,

1444-410: Was facing bankruptcy, and was eventually nationalised in 1947. During the Italian economic miracle of the 1950-60s, Breda produced a highly successful commuter train, the FS Class ETR 300 , several classes of railcars and locomotives , and diversified into defense ( OTO Melara ) and, especially, buses . In the 1980s Breda participated in the consortium that designed the first Italian high-speed train,

#371628