TRENCHLESS TECHNOLOGY – Veolia Water will acquire a controlling (58 percent) stake in Sofiyska Voda, the company operating water supply and treatment services for the City of Sofia, Bulgaria, which serves 1.3 million inhabitants. Coming after successful developments in Central Europe around major capitals such as Berlin, Prague and Bucharest, this process will further Veolia’s strategy of organic growth via operations of critical size in a priority geography for the company. In addition, Veolia Water will become the lead industrial shareholder, with a 26 percent stake in AS Tallinna Vesi, a company that provides water supply and treatment services for Tallinn, Estonia, serving more than 400,000 inhabitants. Read More
