78 articles about "Ondeo/Suez"
PHILIPPINE CONGLOMERATE BENPRES HOLDINGS is seeking a buyer for its shares in Maynilad Water Services, its joint venture with Ondeo, which has a 25-year concession to provide water and wastewater services to the west zone of Manila.
REVENUES AT SUEZ’S WATER BUSINESS (ONDEO) were down 2.2% in the first half of 2002 due to the devaluation of the Argentine peso.
Global markets faltered in July as the US economy wobbled, Brazil’s financial woes flared, and investors watched and worried as the current bear market reached new lows.
Private participation in Japan’s water industry has been limited to date. However, the considerable financial strain on the sector has led to a series of reforms paving the way for municipal reorganisation and likely future PFI work for international private water companies.
The UK water industry made a late rally in April, pushing the FTSE water index into the black. The water index jumped more than 183 points, or 6%, marking the largest monthly gain in well over a year. Across the board, the UK water industry saw positive gains for the month.
The best and brightest in the US water industry convened in New York last month for Schwab Washington Research Group’s annual global water conference. Speakers and delegates tackled a range of issues including industry consolidation, foreign ownership, infrastructure funding and public-private partnerships.
Moves towards liberalising the German water sector are still at the talking-shop stage. In late January, federal minister of economics Werner Müller outlined the five points of his modernisation strategy but acknowledged that the plan “can only succeed if those involved at federal, state and municipal level, as well as the water associations and industry organisations are prepared to co-operate”.
PROFITS AT SUEZ – VE’s main rival – also took a hit last year. The group made a provision of €629 million to take in charges from restructuring Ondeo Nalco and the energy company, Electrabel, and to cover foreign exchange losses in Argentina and Brazil.
ONDEO DEGRÉMONT, the French engineering and contracting subsidiary of the Suez group, has secured two contracts worth a total of €36 million to construct WTPs serving the capitals of Sénégal and Burkina Faso in West Africa.
January was yet another sleepy month for the UK water industry. Water company share prices showed little movement with light trading for the month.