Sorefame
Logo embedded on a locomotive.
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|
| S.A. | |
| Industry | Metalworking |
| Fate | Split into two companies Sorefame and Hidrosorefame, Sorefame factory in Amadora closed 2005 |
| Founded | 1943 |
| Founder | Angelo Fontes |
| Defunct | 2005 (rolling stock division) |
| Headquarters | Portugal |
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Area served
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Worldwide |
| Products |
Hydro-electric dam equipment |
Coordinates: 38°45′12″N 9°13′22″W / 38.75332°N 9.22281°W
Sorefame (an abbreviation of Sociedades Reunidas de Fabricações Metálicas) was a Portuguese manufacturer of railway and industrial equipment, such as dam gates equipment. The company was established in 1943.
In the 1990s the company was split into a rolling stock company Sorefame and a dam equipment company Hidrosorefame; Hidrosorefame was acquired by Alstom, the rolling stock business became part of ABB's rail transport division, later Adtranz, and in 2001 part of Bombardier transportation -it was closed in 2005.
Sorefame was founded in 1943, capitalised using state funds, but run as a private business. The company had two main product lines: railway equipment such as rolling stock, and equipment for hydro-electric reservoirs, such as dam gates.
In 1987 Sorefame underwent restructuring with MOMPOR, forming a new company Sociedade de Montagens Metalomecânicas (SMM); in 1990 SMM merged with Sorefame, MAGUE and SEPSA resulting to form Grupo SENETE, in which ABB Group had a 40% share.
In the 1990s the company was split into two entities, one rolling stock company, and a dam equipment company Hidro-sorefame, by 1994 ABB had a 70% share of SENETE, and the following year Hidro-Sorefame became ABB-hidro. SENETE was fully acquired by ABB in 1997, and in 1999 ABB's power business was include in a power generation joint venture with Alstom: ABB ALSTOM POWER. In 2000 Alstom acquired ABB's stake in the joint venture, with the former 'Hidro-sorefame' still as a subentity of the firm.
ABB merged its rail transportation division with that of Daimler-Benz forming Adtranz, subsequently divesting itself of the interest in 1999. Adtranz was eventually sold to Bombardier Transportation - which became owner of the manufacturing facility in Amadora. Under ABB and later Adtranz and Bombardier the rolling stock company became increasing an assembly plant - with the resultant loss of many jobs.
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Wikipedia