Diverse forces spur German consolidation
- From: Vol 7, Issue 11 (November 2006)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: Remondis
Accounting and tax changes could change the face of the German water industry. Private companies are already rubbing their hands.
The gradual shift towards new accounting methods among Germany’s municipal administrations will speed the pace of consolidation in the German water market, says Christian Krauser, head of international marketing at water company Remondis Aqua. Kameralistik, the traditional single-entry
cash-accounting method, must be replaced by double-entry bookkeeping (Doppik) by the end of 2011, a conference of federal state interior ministers ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
