1458 articles in Europe
FINANCING FOR THE TALLINN WATER PRIVATISATION has still to be finalised according to the EBRD. The deal could not be closed as hoped by the end of February as there were still some outstanding administrative issues that needed to be resolved with the shareholders.
THE SPANISH PROVINCE OF CATALUNA is to construct two new desalination plants to process saline water for drinking purposes.
January was yet another sleepy month for the UK water industry. Water company share prices showed little movement with light trading for the month.
By January of 2002, the European Bank for Reconstruction and Development (EBRD) had signed over €1.2 billion in financing commitments for municipal operations. Of this, around €980 million are commitments in water and sewerage projects.
ONDEO HAS ACQUIRED THYSSENKRUPP SERV’S stake in their joint subsidiary, Eurawasser. The price was not disclosed.
ONDEO IS EXPECTED to be one of the main contenders in the bidding linked to the planned privatisation of Aquatim – the water and wastewater company owned by the Romanian municipality of Timisoara. Aquatim provides services to a population of 380,000 in Timisoara and in smaller neighbouring communities in western Romania.
THE UK’S SEVERN TRENT WATER has won the bid to manage water and wastewater services for around a quarter of a million people north of Rome. The company will head a private partnership, which will manage water services around Terni, in the Umbria region, for 30 years.
JEAN-MARIE MESSIER, president of the Vivendi Universal holding group, has said that the company is to retain its role as the leading shareholder in Vivendi Environnement (VE) “for a long time”.
EON IS THOUGHT TO BE MAKING ANOTHER BID to enter the global water market, a year after it admitted defeat in its attempt to acquire Saur (see GWI, Vol. 1, Issue 7, p.5)
Legislation aimed at reform of French water policy has had its first reading in the National Assembly but has no chance of formal adoption before the end of the parliamentary session in February. This means that it will be up to the next administration to decide whether or not to push ahead with the legal programme.