Country bumpkin on the block
- From: Vol 5, Issue 9 (September 2004)
- Category: Companies
- Region: Europe
- Country: France and Spain
- Related Companies: Aguas de Valencia, Emalsa, Gestagua, Macquarie Bank, Saur/Bouygues, South East Water, Suez, Thames Water and Veolia
Saur has grown out of rural France to take water to the world. It has not made any major mistakes – but nor is it very profitable.
Saur has more water contracts in its home market than Veolia and Suez put together, but they are predominantly small rural communities: Suez has twice as many customers, and Veolia three times as many.
Founded in 1934, the firm established an international presence in the 1950s when it went into French West Africa on the coat-tails of the independence movement ...
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