Form 6-K
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of February 2005
Commission File Number: 1-14836
ALSTOM
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(Translation of registrant's name into English)
3, avenue André Malraux, 92300 Levallois-Perret, France
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(Address of principal executive offices)
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
Yes No X
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes No X
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Indicate by check mark whether the Registrant, by furnishing the information
contained in this Form, is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the Registrant in
connection with Rule 12g3-2(b)
ENCLOSURES:
Press release dated February 16, 2005, "ALSTOM Informs European Unions on a
Restructuring Project Concerning the Utility Boilers Business"
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ALSTOM
Date: February 17, 2005 By: /s/ Henri Poupart-Lafarge
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Name: Henri Poupart-Lafarge
Title: Chief Financial Officer
16 February 2005
ALSTOM INFORMS EUROPEAN UNIONS ON A
RESTRUCTURING PROJECT CONCERNING THE
UTILITY BOILERS BUSINESS
ALSTOM today informed trade union representatives regarding the restructuring
plan of its Utility Boilers business. This business is part of ALSTOM's Power
Turbo systems /Power Environment Sector and focuses on supplying new clean-coal
boilers, and providing products and services to coal-based power plants.
The need to right-size the ALSTOM's Utility Boilers business has been forced by
a decline in the accessible market for new equipment utility boiler orders in
Europe and the US, with a shift of the substantial proportion of the market to
Asia.
The final project was defined following extensive consultation with employee
representatives and the evaluation of several different solutions. The project
recognises the need to maintain a local presence and access to the retrofit
markets, and to keep our technical competencies and experience base.
Consequently, the final project considers:
. Right-Sizing of the European Operation on two locations in Germany and in
France
- In Stuttgart, Germany, it is planned to re-adjust the organisation to its
areas of highest contribution, resulting in a reduction of the work force.
It is envisaged that 200 (out of 300) positions would be retained.
- In France, it is envisaged that approximately 50 positions (out of 250
currently in Velizy) would be retained and located in the Paris region.
. Right-sizing of the US Operation
- In Windsor (Connecticut) the implementation of tools and processes would
lead to productivity improvements resulting in a reduction of up to 40
positions.
The Project has been presented to the European Works Forum Select Committee
today. Further consultations will be done with employee representatives.
Measures will be taken to minimize the impact of this plan on all concerned
sites.
Press relations: S. Gagneraud / G. Tourvieille
(Tél. +33 1 41 49 27 40) - internet.press@chq.alstom.com
Investor relations: E. Châtelain
(Tél. +33 1 41 49 37 38) - Investor.relations@chq.alstom.com