Veolia Environment
 |
|
| Société Anonyme | |
| Traded as |
Euronext: VIE CAC 40 Component |
| ISIN | FR0000124141 |
| Industry | Environmental services |
| Founded | 1853 (Compagnie Générale des Eaux) 1998 (Vivendi) 2003 (Veolia Environnement) |
| Headquarters | Paris, France |
|
Key people
|
Antoine Frérot (Chairman and CEO) |
| Services | Water treatment, waste management, HVAC, street lighting, facility management services |
| Revenue | €24.390 billion (2016) |
| €1.384 billion (2016) | |
| €610 million (2016) | |
| Total assets | €37.949 billion (end 2016) |
| Total equity | €7.614 billion (end 2016) |
|
Number of employees
|
163,226 (2016) |
| Website | www |
Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in four main service and utility areas traditionally managed by public authorities – water management, waste management, transport and energy services. In 2012, Veolia employed 318,376 employees in 48 countries. Its revenue in that year was recorded at €29.4 billion. It is quoted on Euronext Paris. It is headquartered in the 16th arrondissement of Paris.
Between 1998 and 2003 the company was known as Vivendi Environnement, having been spun off from the Vivendi conglomerate, most of the rest of which became Vivendi. Prior to 1998 Vivendi was known as Compagnie Générale des Eaux.
In 2014, following a major restructuring, the company adopted the unaccompanied Veolia name across its businesses.
On 14 December 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an Imperial decree of Napoleon III. In 1853, CGE obtained a concession in order to supply water to the public in Lyon, serving in this capacity for over a hundred years. In 1860, it obtained a 50-year concession with the City of Paris.
For a hundred years, Compagnie Générale des Eaux remained largely focused on the water sector. However, following the appointment of Guy Dejouany as CEO in 1976, CGE extended its activities into other sectors with a series of takeovers.
Beginning in 1980, CGE began diversifying its operations from water into waste management, energy, transport services, and construction and property. It did so by acquiring:
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Wikipedia