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veolia environnement (VIE) Snapshot

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veolia environnement (VIE) Details

Veolia Environnement SA provides a range of environmental services in the fields of water, waste, and energy management worldwide. Its Water segment is primarily involved in drinking water and wastewater activities, such as water distribution, water and wastewater treatment, industrial process water, and manufacturing of water treatment equipment and systems. The company’s Environmental Services segment collects, processes, and disposes household, trade, and industrial waste. Its Energy Services segment develops a range of energy management activities, including heating and cooling networks, thermal and multi-technical services, industrial utilities, installation and maintenance of production equipment, and integration services for the comprehensive management of buildings and electrical services on public roadways. The company was formerly known as Vivendi Environnement and changed its name to Veolia Environnement SA in 2003. Veolia Environnement SA was founded in 1853 and is based in Paris, France.

Founded in 1853

veolia environnement (VIE) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: €1.8M
Compensation as of Fiscal Year 2013.

veolia environnement (VIE) Key Developments

Veolia Environnement S.A. Enters into Contract with Oaktree Capital Management, L.P. for the Sale of Its Water, Waste and Energy Activities in Israel

Veolia Environnement S.A. has inked a deal with funds managed by Oaktree Capital Management, L.P. for the sale of its water, waste and energy activities in Israel. This would contribute to Veolia's debt reduction by nearly EUR 250 million. The transaction may close by the fourth quarter of 2014.

Veolia Signs Six Year Contract with the Department of Defence

Veolia signed a six year agreement with the Commonwealth of Australia for total waste management. It is estimated that some 8,000 bins and waste receptacles will be mobilised over the length of the contract, in addition to 11 new waste collection and recycling vehicles, added to supplement Veolia’s existing fleet as part of the roll-out. The contract will see Veolia provide services to over 300 Defence locations throughout Australia, with many situated in remote and regional areas. Veolia aims to work with these local communities to deliver regional employment opportunities, whilst also engaging with local suppliers and contractors.

Hunter Water Awards Veolia with a Contract to Operate Water and Wastewater Treatment Plants

Hunter Water Corporation has awarded Veolia a contract to operate and maintain 25 of its water production and wastewater treatment plants in the Hunter region (New South Wales, Australia). This EUR 193 million contract (AUD 279 million), which comes after an international tender process, is the awarded by Hunter Water and marks the first time operation and maintenance of its plants has been taken to tender. Under the eight year contract, Veolia will operate and maintain the plants which supply potable water and wastewater treatment services to over half a million people across six local government areas in New South Wales. Veolia's global and unparalleled expertise in water operations will allow for the implementation of best-practice technologies, whilst also helping to ease cost pressures for local families and businesses.


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