Veolia Environnementואוליה שירותי איכות הסביבה
A multinational French company operating in the fields of water, waste management, energy and transport services.
Through its subsidiary - Transdev, the company has a 5% share in the CityPass consortium, which was contracted to establish and operate the light rail project in Jerusalem. The light rail was designed to connect the city of Jerusalem with the illegal settlements around it. Additionally, Transdev fully owns Connex Jerusalem, the company which operates the trains.
In September 2014, Transdev signed a contract with the Israeli shareholders in the CityPass consortium: The Ashtrom Group, IIF (Israel Infrastructure Fund) and Harel Insurance - for the sale of Connex Jerusalem and Transdev's 5% share in CityPass itself. Yet, as to April 2015 the deal is still pending.
In April 2015, Veolia sold its water, waste and energy activities in Israel to the US-based investment management firm Oaktree Capital Management. The sale included Veolia’s activities in the Tovlan landfill in the occupied Jordan Valley and in the Ayalon wastewater treatment facility, which treats sewage from the illegal West Bank settlement of Modi’in Illit. As a result, Veolia no longer has any holdings in these two facilities.
Previous disengagement of Veolia Environnement from the Israeli market occurred in September 2013, when the company sold its local bus network, including bus lines serving dozens of settlements in the West Bank, to Afikim company.
Main shareholders: Caisse des Dépôts et Consignations (8.6%), Marcel Daussault Industrial group (5.7%), Velo Investissement (4.6%) and Veolia Environnment Treasury stock (2.4%).
In 2011, Veolia Environnement's transport services division - Veolia Transportation - merged with Transdev UK. The new comapny - Transdev is nowdays a subsidiary of Veolia Environnement, which holds 50% of the company shares. Transdev's remaining 50% are owned by Caisse des Dépôts et Consignations(CDC).
Through Veolia Transportation Israel, Transdev fully owns Connex Jerusalem - the train's operator. Additionaly, Transdev owns 5% of CityPass. Other Shareholders in CityPass are: Ashtrom (47.5%), IIF - Israel Infrastructure Fund (27.5%) and Harel Insurance (20%).
36-38 avenue Kléber
Connex Jerusalem office:
1 Anatot Road
CORPORATIONS by tags
|Jerusalem light train|||