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Hitachi Rail STS
Hitachi Rail STS SpA (from Hitachi Rail Signalling and Transportation Systems) is an Italian transportation company owned by Hitachi with a global presence in the field of railway signalling and integrated transport systems for passenger traffic (railway/mass transit) and freight operations. Hitachi Rail STS plans, designs, manufactures, installs and commissions signaling systems, components and technologies for the management and control of newly built or upgraded railways, transit and freight lines worldwide.
Headquartered in Genoa, Italy, it is a wholly owned subsidiary of Hitachi. It was previously listed on the Borsa Italiana and was a component of the benchmark FTSE Italia Mid Cap Index.
Providing design, manufacture, installation, integration and maintenance of a wide range of train control systems and equipment, Hitachi Rail STS employs 4,327 people worldwide as of 2018.[citation needed]
The company’s namesake comes from the Italian company Gio. Ansaldo & C., was founded in 1853 in Genoa, Italy by Giovanni Ansaldo. Gio. Ansaldo & C. began as a steam locomotive producer, which diversified into shipbuilding and electrical and nuclear energy production.
In 1881, the US company Union Switch & Signal (US&S) was founded by George Westinghouse in Pittsburgh, Pennsylvania from the assets of the Interlocking Switch & Signal Company (interlocking controls) and the Union Electric Signal Company. The latter was founded by the American engineer and inventor William Robinson, the father of track circuit systems. In 1988 US&S was acquired by Ansaldo STS, operating independently until 2009, when it became "Ansaldo STS USA", the North American subsidiary of Ansaldo.
In Europe, Ansaldo STS expanded acquiring the French company Compagnie des Signaux pour Chemins de fer (CSE) in 1996. Founded in 1902 by Fernand Cumont with the support of the financial group Empain, CSE built the first lines of the Paris metro: the maintenance of these lines continues until today. In 1920 CSE (independent since 1912) was renamed into Company and Business Electrical Signals (CSEE), concentrating on rail signaling and electrical manufacturing, contributing to create SAGEM and later (1996) entering in the Ansaldo Signal group.[citation needed]
In 1993 the parent company Ansaldo SpA was merged into the Finmeccanica holding, a state-owned entity privatized during the same year. In 2001, Ansaldo SpA’s transportation business was separated and divided into three companies: AnsaldoBreda (rolling stock manufacturer); Ansaldo Segnalamento Ferroviario (signaling and rail traffic control automation); Ansaldo Trasporti Sistemi Ferroviari (transport systems design construction and maintenance). Ansaldo Segnalamento Ferroviario became the parent company of Ansaldo Signal (railway signalling), the owner of Union Switch & Signal and CSEE.[citation needed]
The company was founded as "Ansaldo STS" in 2006 through the merger of Ansaldo Trasporti Sistemi Ferroviari and Ansaldo Signal. It began trading on the Milan Stock exchange, with 60% of its shares publicly held and 40% owned by Finmeccanica S.p.A. Both companies had their roots in the Ansaldo engineering conglomerate which was gradually absorbed by Finmeccanica. 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.
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Hitachi Rail STS
Hitachi Rail STS SpA (from Hitachi Rail Signalling and Transportation Systems) is an Italian transportation company owned by Hitachi with a global presence in the field of railway signalling and integrated transport systems for passenger traffic (railway/mass transit) and freight operations. Hitachi Rail STS plans, designs, manufactures, installs and commissions signaling systems, components and technologies for the management and control of newly built or upgraded railways, transit and freight lines worldwide.
Headquartered in Genoa, Italy, it is a wholly owned subsidiary of Hitachi. It was previously listed on the Borsa Italiana and was a component of the benchmark FTSE Italia Mid Cap Index.
Providing design, manufacture, installation, integration and maintenance of a wide range of train control systems and equipment, Hitachi Rail STS employs 4,327 people worldwide as of 2018.[citation needed]
The company’s namesake comes from the Italian company Gio. Ansaldo & C., was founded in 1853 in Genoa, Italy by Giovanni Ansaldo. Gio. Ansaldo & C. began as a steam locomotive producer, which diversified into shipbuilding and electrical and nuclear energy production.
In 1881, the US company Union Switch & Signal (US&S) was founded by George Westinghouse in Pittsburgh, Pennsylvania from the assets of the Interlocking Switch & Signal Company (interlocking controls) and the Union Electric Signal Company. The latter was founded by the American engineer and inventor William Robinson, the father of track circuit systems. In 1988 US&S was acquired by Ansaldo STS, operating independently until 2009, when it became "Ansaldo STS USA", the North American subsidiary of Ansaldo.
In Europe, Ansaldo STS expanded acquiring the French company Compagnie des Signaux pour Chemins de fer (CSE) in 1996. Founded in 1902 by Fernand Cumont with the support of the financial group Empain, CSE built the first lines of the Paris metro: the maintenance of these lines continues until today. In 1920 CSE (independent since 1912) was renamed into Company and Business Electrical Signals (CSEE), concentrating on rail signaling and electrical manufacturing, contributing to create SAGEM and later (1996) entering in the Ansaldo Signal group.[citation needed]
In 1993 the parent company Ansaldo SpA was merged into the Finmeccanica holding, a state-owned entity privatized during the same year. In 2001, Ansaldo SpA’s transportation business was separated and divided into three companies: AnsaldoBreda (rolling stock manufacturer); Ansaldo Segnalamento Ferroviario (signaling and rail traffic control automation); Ansaldo Trasporti Sistemi Ferroviari (transport systems design construction and maintenance). Ansaldo Segnalamento Ferroviario became the parent company of Ansaldo Signal (railway signalling), the owner of Union Switch & Signal and CSEE.[citation needed]
The company was founded as "Ansaldo STS" in 2006 through the merger of Ansaldo Trasporti Sistemi Ferroviari and Ansaldo Signal. It began trading on the Milan Stock exchange, with 60% of its shares publicly held and 40% owned by Finmeccanica S.p.A. Both companies had their roots in the Ansaldo engineering conglomerate which was gradually absorbed by Finmeccanica. 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.