Veolia: two partnerships in Saudi Arabia

(CercleFinance.com) - Veolia announces a partnership with the Ministry of Investment and Water Transmission and Technologies Company to support Saudi Arabia in improving the operational, energy and commercial performance of the water sector.


This cooperation will focus both on the deployment of innovative solutions, including digital ones, and on strengthening skills in the operation and maintenance of facilities, it said.

Veolia has also become Saudi Aramco's exclusive partner for the treatment of its industrial and ordinary waste. Estimated at 200,000 metric tonnes per year, these quantities will be added to the 120,000 metric tonnes of hazardous waste that will soon be treated in Jubail.

The Veolia share is currently up about 1%, outpacing the market, which is up about 0.5%.



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