First purchase of a giant - Veolia Environnement $VIE (-2,84%)
is a French company that offers a wide range of environmental services. Its business model is based on using increasingly scarce resources while protecting the environment.
Veolia is divided into four business units: Water, Waste, Energy and Transportation. The water division is one of Veolia's largest business units and provides solutions for water supply, wastewater treatment and water reuse. The company specializes in providing turnkey facilities and operating and managing existing water systems. It also offers specialized services such as water treatment for industry.
Another important area of Veolia's business is waste management. This involves the collection, transportation, recycling and disposal of waste. Veolia offers waste disposal solutions for households, businesses and industry, as well as recycling and reuse programs.
Veolia's energy division specializes in renewable energy sources and offers energy management and energy efficiency solutions. The company is able to provide tailored solutions for the transition to renewable energy, enabling a sustainable future.
Through its Transport division, Veolia offers environmentally friendly transport solutions such as public transport, ambulance and school transport, and community and disabled transport.
Veolia currently operates 95 waterworks, 4,800 wastewater treatment plants and well over 200,000 waste garbage cans under public service contracts in some 45 countries.