Veolia Environnement (VEOEF)

Description:

Veolia Environnement SA was incorporated in 1995. The Company provides environmental management services. These services include water supply, treatment and recovery of municipal or industrial effluent, waste collection, processing and recycling, the supply of heating and cooling services and the optimization of industrial processes. The Company's operations are conducted through three divisions, each specializing in a single business sector: Veolia Eau (Water), Veolia Energie (Dalkia, Energy Services) and Veolia Propreté (Environmental Services). Veolia Eau designs, builds and manages water services and wastewater treatment and recovery services for local authorities and industrial customers on five continents. The focus of the Company's water business is water and wastewater management services for public authorities and industrial customers. Its activities include the management and operation of large-scale, customized drinking water plants, wastewater decontamination and recycling plants, drinking water distribution networks and wastewater collection networks. It also develops technological solutions and builds the infrastructure necessary to provide water services on behalf of public authorities and industrial and service sector customers. Veolia Propreté is involved in waste collection, recycling, processing, treatment, and handling of waste in all forms and at all stages of the waste cycle. It manages liquid and solid waste, non-hazardous and hazardous waste from collection to recovery, on behalf of both industrial and public-sector customers, such as local authorities. The Company conducts its energy service activities through Dalkia, a provider of energy services to companies and public authorities. Dalkia's core business focuses on optimizing the use of all sources of energy at customer sites, industrial production sites, service-sector sites and in all types of buildings. The Company's competitors include facilities-management companies, such as the American group, Johnson Control International (JCI), while others from the occupant services sector include Sodexo and Mitie.