Corail Metalliance: Between Tunnels and Electric Mobility
It’s a return to its roots, but with ambitious goals. Steve Filipov, recently appointed head of Corail Metalliance, quickly charted a new course for this iconic company with a dual objective: strengthen its historical expertise and conquer new markets in electric mobility. “Corail Metalliance remains a strong brand with unique know-how,” emphasizes Steve Filipov.
During his first 100 days, he observed, analyzed, and identified key levers for success. Alongside Anne-Céline Viturat in operational management and Patrick Dubreuil, who brings 30 years of experience at Metalliance, the team is ready to meet the challenge. The first step was clear: restructure the company. Two entities were created: Corail Tunnelier, inheriting the historic tunnel boring machine (TBM) business, and Corail Mobilité, dedicated to electric tractors for logistics operators. Investment was immediate: €10 million to restart innovation, expand the product range, and secure working capital. The result: 180 employees one year later, with around thirty new hires.
Tunneling: A Strong Revival
On the TBM front, the rebound is tangible. Corail Metalliance now exports 80% of its production to Italy, Canada, Australia, and the United Kingdom. Flagship projects such as the Naples–Bari high-speed rail line, a 6 km tunnel in Japan, and the Toulouse metro demonstrate renewed client confidence. The company also offers retrofits to extend machine life on new projects and develops specialized skills in mechanized welding for a diverse clientele, from rail to military sectors.
Electric Mobility: Expanding Horizons
Corail Mobilité is experiencing equally strong momentum. The company’s 100% electric tractors, used by Amazon, UPS, Ikea, Auchan, and Decathlon, are praised for their connected technology and tracking/geolocation solutions. With Blyyd as its European distributor, growth is on track: around thirty vehicles will be delivered this year, and export projects to North America are already underway, with a long-term goal of 300–400 units annually.
Innovation at the Core
Innovation drives the strategy. From electric TBMs to autonomous vehicles and large-scale construction systems, Metalliance positions itself as an R&D-focused company capable of supporting tomorrow’s major industrial projects.
Financial Trajectory
The company’s financial path is clear: no losses since the takeover, projected revenue of €50 million by the end of 2025, and a medium-term target of €80–100 million. Investments will continue, particularly for Corail Mobilité, with €10 million over three years earmarked to capture new markets.
A Strong Local Anchor
Based in Montceau-les-Mines, Metalliance benefits from the support of local authorities and banks. The factory, acquired by the local community, has become a strategic site for Europe and the Middle East, capable of producing up to 300 units per year while contributing to the region’s industrial future.
With one foot firmly planted in its heritage and the other projected into the future, Corail Metalliance is carving out its path between tunnels and electric mobility… and is determined to forge new avenues for French industry.
