Veolia Environnement : PR - The Versailles Court of Appeal confirms that Veolia fully complied with its obligations to Suez employees in connection with its acquisition of the 29.9% stake
April 15, 2021 at 11:12 am EDT
Share
The Versailles Court of Appeal confirms that Veolia fully complied with its obligations to Suez employees in connection with its acquisition of the 29.9% stake
In a ruling dated April 15, 2021, the Versailles Court of Appeal found that Veolia had respected the rights and attributions of Suez's employee representative committees by transmitting the documents and information that could be communicated at the stage of the acquisition of 29.9% of Suez from Engie.
This decision definitively confirms Veolia's rights as a shareholder.
Veolia group is the global leader in optimized resource management. With nearly 179,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.
In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 45 million megawatt hours of energy and treated 50 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €27.189 billion in 2019 (USD
29.9 billion). www.veolia.com.
Contacts
Veolia Group Media Relations Laurent Obadia - Edouard de La Loyèreedouard.de-la-loyere@veolia.com
Veolia Environnement SA published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 15:11:07 UTC.
Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
Veolia Environnement : PR - The Versailles Court of Appeal confirms that Veolia fully complied with its obligations to Suez employees in connection with its acquisition of the 29.9% stake