Alstom plans to set up an R&D centre in Skolkovo technology city in Russia

Alstom signed an agreement with the Skolkovo Foundation to set up the Alstom Innovation Centre in Skolkovo city, often labelled Russia's "Silicon Valley". This document was signed on July 13th by Philippe Delleur, Senior Vice President International Network of Alstom and Alexey Beltukov, Vice President Development and Planning of the Skolkovo Foundation.

Alstom plans to establish some of its R&D activities related to energy generation, electricity transmission, railway and urban transport in Skolkovo. This innovation centre would include in-house research activities related to power plant automation and control systems, and to smart grids. Alstom also plans to localize industrial engineering for some projects already developed in Russia by Alstom joint-ventures for rolling stock activities and for signalling systems.

Some 200 Alstom engineers and technicians could joint this new innovation centre by 2015, when large-scale construction programme of the city shall be completed to meet the Russian government requirements. The implementation of this agreement is subject to some conditions which will further be discussed between the parties and result in additional agreements.

The science and technology city in Skolkovo, to the west of Moscow, will focus on promoting new technology such as energy efficiency, nuclear power, space and telecommunications, medical and pharmaceutical equipment, and information technology.

About Alstom:
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 92,000 people in around 100 countries. It had sales of €20 billion and booked close to €22 billion in orders in 2011/12.

Website www.alstom.com

About Skolkovo:
The Skolkovo Foundation has the mandate from the Russian Government to help accelerate the transformation of Russia from a resource-intensive to an innovation-based economy through strategic partnerships with leading scientists and corporations (currently numbering about 500 companies and start-ups.) The Foundation aims to strengthen the links between Russian and international science, technology, education, entrepreneurship and investment communities. To achieve this objective it is overseeing the creation of the Skolkovo Innovation Centre composed of five R&D clusters, a Technopark, the Skolkovo Institute of Technology (a new graduate research University established in collaboration with the Massachusetts Institute of Technology) and Skolkovo city, located near Moscow. Together these entities will establish a vibrant eco-system of technology innovation and entrepreneurship. The Foundation is a non-profit organization founded in May of 2010 by the Russian Government with a grant of USD 5 billion. For more information: http://www.sk.ru/en/

Press Contacts:

Alstom:
Ekaterina Dobrogorskaya, Tel. : +7 495 231 29 49 – ekaterina.dobrogorskaya@crn.alstom.com

Skolkovo:
Roman Sherbakov, Tel. +7 916 237 97 69 - rs@sk.ru.