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Veolia Environnement: Veolia Water
built 280 days ago
Veolia Water, the water division of Veolia Environnement, is the world leader in water and wastewater services. The company specializes in outsourcing services for municipal authorities, industry and service companies. Veolia Water serves 108 million people worldwide. With 77 800 employees, its 2006 revenues amounted to €10,1 billion.
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Veolia Environnement holds water -- as well as waste management, energy, and transportation -- operations. The company's Veolia Water unit, which provides water and wastewater services to more than 110 million people, is the world's largest water company, ahead of Suez. Veolia Environmental Services, one of the world's leading waste management companies, serves more than 50 million people a year. Majority-owned energy unit Dalkia (Veolia Energy) operates global cogeneration facilities and heating and cooling systems, and Veolia Transport (formerly Connex) is a top European provider of bus, light-rail, and rail transport and operates in 25 countries.
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Veolia Environnement appeared on the Hungarian market with its environmental services more than ten years ago, at the beginning of the 1990s. All of Veolia Environnement’s activities, except passenger transportation, are represented in Hungary by its companies Veolia Water, Veolia Environmental Services andVeolia Energiewith a combined net sales of over HUF264 billion in 2005, and with almost2800 employees. At present, Veolia Transport has a representation office in the country.
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At its 2003 annual shareholders' meeting, French utility multinational Vivendi Environnement announced a new company name: Veolia Environnement, derived from Aeolus, the keeper of the winds in Greek mythology. Henri Proglio was named as Chairman and CEO. The company has four business segments: water, waste management, energy services and transportation. The water unit employs 69,000 people worldwide and serves 110 million people. In 2000 the unit's turnover of EUR 12.8 billion (of which 56% earned outside France) represented 48.5% of that of the Veolia Environnement group.
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French utilities group Veolia Environnement posted a wider-than-expected annual net loss on Monday, stung by a large asset writedown in the first half, but stuck to its sales growth targets for 2004 and 2005. Veolia is one of the world's top suppliers of water and waste treatment services. Reuters 3/8/04
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Veolia Environnement announces that its Water division, Veolia Water, has won two new municipal management contracts in China. These contracts with the cities of Hohhot and Weinan are for rehabilitating and operating water treatment plants.
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