Veolia Environnement takes note of the opening today of formal proceedings to determine whether behavior has been coordinated on the French market for water and waste water services in agreement with the Fédération Professionnelle des Entreprises de l'Eau (FP2E) (French Federation of Water Companies).
These formal proceedings are a follow-up to the investigation carried out in April 2010 by the antitrust department of the European Commission.
Veolia Environnement has noted in the European Commission's press release that the opening of these proceedings in no way prejudges the outcome of the investigation.
Veolia Environnement takes a dispassionate view of these proceedings and will continue to cooperate fully with the Commission to ensure that the investigation is successfully concluded.
Veolia provides the know-how and the technological expertise to industries and communities to manage resources.
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide reference in environmental solutions. With more than 315,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and passenger transportation. Veolia Environnement recorded revenue of €34.8 billion in 2010.
Stéphane Galfré
+33 (0)1 71 7519 27
stephane.galfre@veolia.com
Sandrine Guendoul
+ 33 (0)1 71 72 12 52
sandrine.guendoul@veolia.com