Vol 5, Issue 4 (April 2004)

Need to know

  • AMERICAN WRANGLING

    The Terra Grande deal won't do much to make up for the potential loss of its million a year Jersey City contract.

  • CHINESE DEALS

    China's water sector has been brought into focus after the country's 2003 GDP figures were released.

  • EUROPEAN RESTRUCTURING

    Elsewhere within Thames, the company’s offices in Paris, Milan and Rome have been closed, as the company focuses on its US, UK, German and East European operations.

  • GERMAN COMMUNALISM

    More worrying from a strategic point of view was Veolia’s failure to secure an interest in Germany’s Gelsenwasser.

  • GOOD DEALS

    On the positive side, Veolia did report a $123 million 20-year DBO deal in the US Virgin Islands for two 15,000m<sup>3</sup>/d wastewater treatment plants.

  • INVESTMENT REQUIREMENT

    Paying more for water is going to be a fact of life in the Arab world over the next two decades.

  • IONICS RESULTS

    Results for 2003 from Ionics showed revenues up 8.8% to $347m, but the loss from continuing operations before interest and tax rising from $1.9 million to $39.4 million.

  • THE UK SCENE

    In Britain, the government warned of “significant real price rises” to enable water companies to meet their quality targets.

Analysis

General