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Bureau Veritas

Bureau Veritas S.A.
Société Anonyme
Traded as EuronextBVI
Industry Testing, Inspection, Certification
Founded 1828; 189 years ago (1828)
Headquarters Neuilly-sur-Seine, Paris, France
Area served
Worldwide (140 countries)
Key people
Frédéric Lemoine (Chairman)
Didier Michaud-Daniel (CEO)
Services Testing, inspection, certification
Revenue 4.6 billion (2015)
Number of employees
66,000 (2015)
Website www.bureauveritas.com

Bureau Veritas S. A. (formerly BVQI, Bureau Veritas Quality International) is an international certification agency. In addition to certifications, they provide HSE expertise (Health, Safety and Environmental). Today the headquarters are in Neuilly-sur-Seine, nearby La Défense. The company went public on the Paris Bourse in October 2007.

Originally formed in Antwerp in 1828 as Bureau de Renseignements pour les Assurances Maritimes (Information Office for Maritime Insurance), the Bureau Veritas name was adopted in 1829.

The company has its headquarters in Neuilly-sur-Seine, near Paris La Défense in France.

Its main competitors are the Swiss companies Société Générale de Surveillance (SGS), Germanischer Lloyd (GL) and Cotecna.

Formed in June 1828 in Antwerp by underwriters Alexandre Delehaye and Louis van den Broek, and insurance broker Auguste Morel. The Bureau Veritas name was adopted in 1829. This included the adoption of the figure of truth logo designed by Achille Deveria. The company was founded for the initial purpose of collecting, verifying and providing maritime insurance companies with precise and up-to-date information about the condition of ships and their equipment around the world. At the beginning of the 20th century, Bureau Veritas became involved in new activities: inspection of metallic parts and equipment for the rail industry and then for the whole industrial sector as well as construction. At the end of the 20th century, Bureau Veritas extended its scope to set up a merchandise inspection system for imported/exported goods before these are shipped and to set up certification of quality management. At the beginning of the 21st century, Bureau Veritas added 2 new business to its activity: consumer products testings and commodities testings.

Frank Piedelièvre took the lead of Bureau Veritas between 1996 and 2013, first as Chief Executive Officer (1996-1999), then as President & CEO (1999-2009), then as Chairman & CEO (2009-2012), then as Chairman (2012-2013). Under his leadership, Bureau Veritas has seen its number of employees multiplied by 7 (from 8,000 to 59,000) and its revenues multiplied by 8 (from EUR 455 million to EUR 3,902 million)(source: Bureau Veritas activity report, available on the company's website). Since March 2012, Didier Michaud-Daniel is the Chief Executive Office (CEO) of Bureau Veritas.


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