Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Amazon Great Indian Festival Celebration Sale - 2019
Stock Report

| More

Titagarh Firema appoints Mr Luigi Corradi as its new managing director and CEO

Posted On: 2019-09-13 12:00:03

Titagarh Firema SpA, Italy (TFA) - a wholly owned subsidiary of Titagarh Wagons Limited (TWL) has appointed Mr. Luigi Corradi as Managing Director and Chief Executive Officer (CEO) at the Board meeting of TFA following general assembly held on 10th sept 2019.

A Mechanical Engineering graduate from Genova and MBA from Milan, Mr. Corradi, 53 is a resident of Italy. He has experience of about 23 years including 19 years at a senior level. Before moving to Titagarh, Mr. Corradi headed Bombardier Transportation Italy as Chairman and CEO for six years. During his tenure, he was in charge of the worldwide Bombardier business of the Double Deck trains platform and managed several teams mainly based in UK, Germany, France, Canada and Italy.

Mr. Corradi thanking the Board for the trust placed in him said: "I am pleased and privileged to have the opportunity to lead the team at Titagarh Firema as CEO and moreover be a part of the Titagarh. Titagarh offers a unique value proposition being the only Indian multinational in the field of manufacturing railway rolling stock and has one of the largest and most comprehensive manufacturing plants in Europe. My intention will be to utilise the synergy of the Group to cater to the Italian, Indian and global markets alike using the wonderful platform and base that Titagarh provides and growing upon that. I am excited to take up the role and will engage with all stakeholders to make Titagarh the most preferred and dependable solution provider for all passenger rolling stock and propulsion requirements in Italy, India and globally."

Speaking on this occasion Mr. Umesh Chowdhary, Chairman of the Board of Titagarh Firema and Group CEO of Titagarh said: "I am very happy to welcome Luigi to the Titagarh family and wish him the best of luck on this extremely exciting iourney that he is embarking on. Luigi has a vast experience and proven track record of leadership and having worked in various functional departments before taking up the leadership role, he understands the nifty-gritty of the railway business very well. I am sure Mr. Corradi ably supported by the team of professionals at Titagarh, is going to lead the company to new heights. Titagarh is privileged to have a thorough professional like Mr. Corradi as its integral part".

Mr. Corradi has played several managerial roles in Italy and abroad, both in operations ancf project coordination/liaison including Project Engineer and Project Manager of ANSALDO ENERGIA Genova (power generation business) 'steam turbine department' and Lieutenant of the Technical department at NAVY SHIPYARD.

After a stint spanning over three years at ANSALDO ENERGIA focusing on technical design and execution of a specific project, he moved to ABB DAIMLERBENZ TRASPORTATION ADTRANZ Vado ligure (today BOMBARDIER TRASPORTATION) in 1996 and spent seventeen years as Project Engineer / Operation Manager / Project Director before his elevation to the role of CEO of Bombardier Transportation Italy, which has approximately 250 million euro revenues and 800 employees, and is part of the Canadian Group Bombardier, world leader in the design and implementation of projects and services of rail and air transport.

Mr. Corradi is Vice President of ASSIFER, a representative body of the companies that operate in Italy in the sector of railway transport and electric urban public transport viz. Metro, Tram, Trolleybus, for the construction of vehicles, components and systems for Rolling Stock, Signaling & Tlc and Electrification. ASSIFER is part of the ANIE Federation which represents electro technical and electronic companies.

Shares of TITAGARH WAGONS LTD. was last trading in BSE at Rs.41.95 as compared to the previous close of Rs. 43.1. The total number of shares traded during the day was 43375 in over 673 trades.

The stock hit an intraday high of Rs. 44.45 and intraday low of 41.45. The net turnover during the day was Rs. 1839573.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

HUL Announces Key Appointments to Management Committee

GTPL Hathway appoints Mr. Anil Bothra as its Chief Financial Officer

Brickwork reaffirms ratings of Transcorp International Ltd

TCS Named India's Overall Most Outstanding Company in Asiamoney's 2019 Poll

Tejas Networks launches World's Largest Disaggregated Packet-Optical Switch at India Mobile Congress 2019

Cummins India powering a cleaner and more prosperous India with their BS-VI Certified engines

Early Diwali for investors: IRCTC stock doubles on listing day

Hindustan Unilever Ltd board declares interim dividend of Rs. 11 for 2019-20

Thomas Cook India introduces a unique 'Double Protection Program' comprising Trip Protection + Guaranteed Departures aimed at protecting traveller interests

GTPL Hathway's Consolidated H1 FY20 PAT at Rs. 580 million, up by 102%

YES Bank has sold shares of Fortis Healthcare Ltd

Indiabulls Housing Finance Limited's long-term rating reaffirmed by the rating agency ICRA

Sonata Software Ltd Board to consider Interim Dividend on Oct 30, 2019

Shemaroo Entertainment Ltd board to consider fund raising on Oct 17, 2019

Canara Bank anounces change in Savings Bank Interest Rate w.e.f 15.10.2019

JSW Energy Limited's resolution plan for Ind-Barath Energy (Utkal) Limited approved by the Committee of Creditors

HDFC reduces its RPLR by 10 basis points from Oct 15, 2019

Technocraft Industries India Ltd starts production of melange yarn at Murbad

Taraashna Financial Services Ltd appoints Mr. Partha Sengupta as CEO

RBI slaps Rs. 1 crore fine on Lakshmi Vilas Bank for not adhering to guidelines

Hindustan Unilever Ltd announces Q2 FY19-20 results

Seya Industries maiden foray into China for supply of specialty chemical intermediate

Maruti Suzuki collaborates with five startups under its MAIL program

Granules India Limited to divest its stake in its Joint Venture located in China

Total announces open offer for shares of Adani Gas Ltd at Rs. 149.63

Rajesh Exports Ltd expands its retail arm by opening one more Retail showroom at Chandapura, Bengaluru

Stellar listing by IRCTC

Sun Pharma Launches CEQUA for the Treatment of Dry Eye Disease in the U.S.

Birlasoft to accelerate Invacare's Business Transformation Journey

Morepen Labs adds three new drugs - Rivaroxaban, Vildagliptin and UDCA to its API portfolio

TOTAL joins Adani to create India's premier integrated gas utility

HFCL launches new line of products under brand name 'IO'

IndiGo connects the political capitals of India and Kingdom of Saudi Arabia


Avenue Supermarts Ltd consolidated Q2 net profit at Rs. 322.66 crores

Hero MotoCorp to skip upcoming Auto Expo

Chartered Logistics Limited bags award from ZEE Business

Lawreshwar Polymers Ltd is now Lehar Footwears Ltd

CRISIL updates on credit rating of Avenue Supermarts Ltd

Wendt India Ltd board to announce Q2, H1 results on Oct 22, 2019

CARE reaffirms rating of IDFC First Bank Ltd

Reliance Capital Ltd has sold Reliance Financial Limited for Rs. 102 crore

CARE reaffirms CARE A1+ rating for Future Retail's Commercial Paper

CARE reviews ratings of Lakshmi Vilas Bank Ltd

CARE A1+ rating reaffirmed to Future Enterprises Ltd's Commercial Paper

Reliance Capital Ltd has sold Reliance Securities Limited for Rs. 62 crore

Cadila Healthcare's API manufacturing facility at Dabhasa successfully completes USFDA inspection

MD of Jiya Eco-Products Ltd felicitated with award

RCAP approves Management Buyout of 100% Stake in Reliance Securities

GOCL Corporation Ltd receives order from Coal India Limited

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019