Alstom (EPA:ALSO), a leading player in the transportation sector, has finalized a deal to sell its rail manufacturing facility in Goerlitz, Germany, to defense consortium KNDS.

Size, thirst and low quality have dogged US attempts to sell vehicles to Europe, which is perceived as the world’s most ...

The transformation of the Goerlitz plant, located near the Polish border, into a combat-vehicles plant should be completed in ...