Veolia Environnement acquired Sulo, the second largest waste management company in Germany, for an enterprise value of €1.45 billion. Sulo generates €1.3 billion in annual revenue and will make Veolia the undisputed number one player in European waste management. The acquisition strengthens Veolia's leadership in recycling markets and provides an unrivaled platform for further growth in Germany and Central/Eastern Europe.
2009-2011 Industrial Plan: Strategic Guidelines and Targets.
Pirelli Group has and will continue to develop measures to increase its competitiveness and enhance its efficiency.
More on: http://industrial-plan.pirelli.com/idayPost/jsp/downloadArea.jsp
Reorganization, Business rationalization as well as the development of "green" technologies and products will be the levers supporting Pirelli in this process.
Market Research Report : Waste Management Market in india 2011Netscribes, Inc.
For the complete report, get in touch with us at : info@netscribes.com
Waste Management market in India is growing steadily as new laws are coming into place and existing ones are being implemented. Additionally, the government and NGOs are creating awareness regarding the nuances of ineffective waste management. Municipalities and corporate are becoming more aware of their responsibilities and they are taking effective steps from their end.
Reshoring is the relocation of production back to the country where the company is headquartered or where their product is sold from an outsourced overseas manufacturer.
EOI · 20/09/2012 · http://www.eoi.es/mediateca/video/1708
La Huella de Carbono es un concepto que se ha abierto paso con gran fuerza los últimos años, ya que cada día son más las empresas y organismos públicos a nivel nacional e internacional que realizan su transición hacia un modelo de gestión baja en carbono, esto exige ir más allá de la forma habitual de gestionar, obliga a colaborar con los proveedores para calcular sus emisiones, evaluar cuántos GEI (gases de efecto invernadero) se han generado en el ciclo de vida y sobre todo valorar las fuentes de emisiones asociadas a los diferentes productos y actividades.
Cross Industry Collaboration: Creating the enablers for disruptive modelswimdecraene
Information technologies, mature markets, relentless demand for innovation, environmental concerns and the uncertain economy are combining to drive the emergence of new growth scenarios, which are spurring companies to fundamentally rethink their growth strategies.
The vision of an economy as a set of independent industries –each serving its own customers, with its own suppliers and its own innovation chain—is in many ways outmoded. New collaborations are emerging that stretch well beyond historical industrial boundaries, nurtured by mobility, payment systems, open information, energy management and infrastructure development. This new breed of cooperation is all about unlocking synergies and exploring fresh opportunities.
Although in recent years numerous factors have combined to encourage cross-collaboration among different industries, this trend has yet to gain any real traction. The main question is which enablers are missing to spur the development of new cross-industry ecosystems?
2009-2011 Industrial Plan: Strategic Guidelines and Targets.
Pirelli Group has and will continue to develop measures to increase its competitiveness and enhance its efficiency.
More on: http://industrial-plan.pirelli.com/idayPost/jsp/downloadArea.jsp
Reorganization, Business rationalization as well as the development of "green" technologies and products will be the levers supporting Pirelli in this process.
Market Research Report : Waste Management Market in india 2011Netscribes, Inc.
For the complete report, get in touch with us at : info@netscribes.com
Waste Management market in India is growing steadily as new laws are coming into place and existing ones are being implemented. Additionally, the government and NGOs are creating awareness regarding the nuances of ineffective waste management. Municipalities and corporate are becoming more aware of their responsibilities and they are taking effective steps from their end.
Reshoring is the relocation of production back to the country where the company is headquartered or where their product is sold from an outsourced overseas manufacturer.
EOI · 20/09/2012 · http://www.eoi.es/mediateca/video/1708
La Huella de Carbono es un concepto que se ha abierto paso con gran fuerza los últimos años, ya que cada día son más las empresas y organismos públicos a nivel nacional e internacional que realizan su transición hacia un modelo de gestión baja en carbono, esto exige ir más allá de la forma habitual de gestionar, obliga a colaborar con los proveedores para calcular sus emisiones, evaluar cuántos GEI (gases de efecto invernadero) se han generado en el ciclo de vida y sobre todo valorar las fuentes de emisiones asociadas a los diferentes productos y actividades.
Cross Industry Collaboration: Creating the enablers for disruptive modelswimdecraene
Information technologies, mature markets, relentless demand for innovation, environmental concerns and the uncertain economy are combining to drive the emergence of new growth scenarios, which are spurring companies to fundamentally rethink their growth strategies.
The vision of an economy as a set of independent industries –each serving its own customers, with its own suppliers and its own innovation chain—is in many ways outmoded. New collaborations are emerging that stretch well beyond historical industrial boundaries, nurtured by mobility, payment systems, open information, energy management and infrastructure development. This new breed of cooperation is all about unlocking synergies and exploring fresh opportunities.
Although in recent years numerous factors have combined to encourage cross-collaboration among different industries, this trend has yet to gain any real traction. The main question is which enablers are missing to spur the development of new cross-industry ecosystems?
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Investor Relations – April 2007
Disclaimer
Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This document contains "forward-looking
statements" within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are not guarantees of future performance. Actual results may differ materially from the
forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control,
including but not limited to: the risk of suffering reduced profits or losses as a result of intense competition, the risks
associated with conducting business in some countries outside of Western Europe, the United States and Canada, the
risk that changes in energy prices and taxes may reduce Veolia Environnement's profits, the risk that we may make
investments in projects without being able to obtain the required approvals for the project, the risk that governmental
authorities could terminate or modify some of Veolia Environnement's contracts, the risk that our long-term contracts
may limit our capacity to quickly and effectively react to general economic changes affecting our performance under
those contracts, the risk that Veolia Environnement's compliance with environmental laws may become more costly in
the future, the risk that currency exchange rate fluctuations may negatively affect Veolia Environnement's financial
results and the price of its shares, the risk that Veolia Environnement may incur environmental liability in connection
with its past, present and future operations, as well as the risks described in the documents Veolia Environnement has
filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have,
any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may
obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission
from Veolia Environnement.
This document contains "non-GAAP financial measures" within the meaning of Regulation G adopted by the U.S.
Securities and Exchange Commission under the U.S. Sarbanes-Oxley Act of 2002. These "non-GAAP financial
measures" are being communicated and made public in accordance with the exemption provided by Rule 100(c) of
Regulation G.
2
Veolia Environnement
3. Investor Relations – April 2007
Strategic rationale
Core business in a consolidating and fast-transforming market
Complementary geographical footprint in Europe
Veolia Environmental Services becomes undisputed No1 player in
European waste management
Strengthens Veolia Environnement’s European leadership in the
recycling market
First-class management team
Accelerate opportunities of PPP development in Germany
Unrivalled platform for further growth in Central and Eastern Europe
3
Veolia Environnement
4. Investor Relations – April 2007
The German waste sector: why now? — Recent evolution
makes it an attractive development market
Major evolution due to changes in market structure and regulation
Introduction of tender offers in Municipal segment.
Opening of DS system resulting in the emergence of competitors to DSD
TASi legislation inducing strong requirements for sorting/treatment
capacities
Attractive “new” German market
Regulatory and contractual maturity and transparency
Improved visibility of prices and margins
Growing importance of sorting/recycling and valorisation processes
Market consolidation underway
4
Veolia Environnement
5. Investor Relations – April 2007
The German waste sector — Key value drivers
New regulation Growing demand for
(TASi, Dual System, sorting & recycling
municipal tenders) facilities
Valorisation of
Demand for
secondary raw
integrated solutions
materials and RDF
German waste
sector
Requirements for value drivers
Acceleration of PPP
value-added
initiatives
services
Requirements for
Market
scale and national
consolidation
footprint
5
Veolia Environnement
6. Investor Relations – April 2007
Sulo – No2 operator in the German waste management
sector
€1.3 billion revenues in 2006 out of which
€186 million in environmental
technologies Environmental Services
revenue breakdown
Municipal and Industrial nationwide waste
management activity Other 6%
No1 player in Municipal segment Int'l 5%
No2 player in Commercial & Industrial Plastic 3% Commercial &
segment Industrial 49%
No1 operator in the Dual System market Dual System/
Recycling
18%
Leadership on the Recovered Paper and
Plastic markets
Municipal
Strategically located sorting/recycling 19%
facilities
9 Public Private Partnerships
Employs 7,700 employees
6
Veolia Environnement
7. Investor Relations – April 2007
The German waste sector — Growth opportunities from a
still fragmented and public-owned market
“private” market
structure
Private market size of around
€12 billion Remondis
18%
A very fragmented market 11%
SULO
9% Alba
€15.1bn
Room for further consolidation Top
4-8
A third of municipal market still
managed by public-owned Others
companies
Top 3 = 38% market
share
7
Veolia Environnement
8. Investor Relations – April 2007
Sulo - A growing player in Central & Eastern European
and Baltic markets
More than €55 million revenues in 2006
Leading waste services provider in Central & Eastern Europe
No4 in Poland
Top 6 in Czech Republic
Major operator in the Baltic countries
No1 in Estonia
No4 Lithuania
Top 6 in Latvia
Track record of successful profitable growth: CAGR 2002-2006:
+15% per year
Strong platform for further development
8
Veolia Environnement
9. Investor Relations – April 2007
Strategic benefits - Combining Eastern European
franchises to capture forthcoming growth
Strong combined activities in Veolia Environmental Services/
Eastern Europe Sulo activities in Europe
Combined revenues of around
€200 million
High development potential
market
Veolia Environmental Services +
Sulo combined forces can sustain
double digit growth in this area
Veolia ES main activities
Veolia ES/Sulo activities
Sulo main activities
9
Veolia Environnement
10. Investor Relations – April 2007
Strategic benefits – Integration of recycling and growth
opportunities with German municipalities
Recycling and secondary materials market is increasing globally
Strong increase in demand for recovered materials in Asia
Scale driving commercialisation opportunities and prices
Identified opportunity on paper trade
Double Veolia Environnement’s existing tonnage
Deliver integrated services in France, Germany, UK and rest of Europe
Expected strong development of Public Private Partnerships
Increasing demand for efficiency and value-added services
Additional growth opportunities with German municipalities
Leverage Veolia Environnement ’s breadth of expertise on Stadtwerke
Potential for comprehensive value proposition (water, energy services,
waste management, public transport)
10
Veolia Environnement
11. Investor Relations – April 2007
Key terms of the transaction
Enterprise value of €1,450 million
Including financial net debt and estimated after-tax liabilities of
approximately €950 million
8.0x implied EV/2007 EBITDA including associates
Subject to regulatory approval by EU competition authorities
(1) Based on 2006 consolidated EBITDA adjusted for associates
11
Veolia Environnement
12. Investor Relations – April 2007
Financial impact
The transaction meets Veolia Environnement’s investment criteria:
Significant value creation: IRR at more than 3% above WACC on base
case scenario
Earnings accretive from year 1
Potential upside above base case of €200/300 million additional value
creation
Limited impact on credit ratios
12
Veolia Environnement
13. Investor Relations – April 2007
2007 estimated Veolia Environnemental Services’ revenue: a
well balance geographic revenue breakdown
2007 estimated revenue (Waste 2007 proforma estimated revenue
Management) before Sulo’s (Waste Management) after Sulo’s
acquisition acquisition*
ROW 1% ROW 1%
Asia Pacific 6%
Asia Pacific 7%
America 17%
America 20% France 39%
France 33%
Rest of Europe 9%
Rest of Europe 10%
Germany 2% Germany 16% United Kingdom 18%
United Kingdom 21%
(*)
Sulo’s contribution in revenue taken into account for 12 months
13
Veolia Environnement
14. Investor Relations – April 2007
Veolia Environnement: presence in Germany multiplied
by 3 in 4 years
Tra nsport
16% W a t er ( 1 )
Energy 39%
Transport
24% 2%
Energy
5%
W at er
59%
W ast e
12%
W a st e
43%
2003 2007 proforma
Total revenue: €1,193m Total revenue:€3,391m
(1)
Water, (including BVAG)
14
Veolia Environnement
15. Investor Relations – April 2007
2007 estimated Veolia Environnement revenue by geographic region :
a significant reinforcement in key strategic markets
2007 estimated VE Group revenue 2007 proforma estimated VE Group
before Sulo’s acquisition revenue after Sulo’s acquisition*
ROW 3% ROW 3%
Asia Pacific 7% Asia Pacific 6%
America 10%
America 11%
France 45%
France 44%
Rest of Europe 19% Rest of Europe 18%
Germany 10%
Germany 6% United Kingdom 9%
United Kingdom 9%
(*)
Sulo’s contribution in revenue taken into account for 12 months
15
Veolia Environnement
16. Investor Relations – April 2007
Glossary
Term Definition
C&I Commercial and Industrial
DSD Duales System Deutschland: a corporation owned by KKR in which the licensees pay fees to the DSD
to be in return exempted from having to provide a recycling system for their packaging waste
MBT Mechanical-biological pre-treatment: a way of treating waste pre-disposal
PET Polyethylene Terephthalate
PPP Public Private Partnership: a business model where a municipality and a private company form a joint
holding company, majority owned by the municipality but operationally controlled by the private
partner
RDF Refuse derived fuel
TASi Technische Anleitung Siedlungsabfall: ordinance on the Environmentally Sound Landfilling of
Municipal Waste and on Biological Treatment Plants, which states that no waste may be disposed of
in landfill sites without adequate pre-treatment from 2005 Onward
URRC United Resource Recovery Corporation, patented PET recycling process technology
16
Veolia Environnement
17. Investor Relations – April 2007
Investor Relations contact information
Nathalie PINON, Head of Investor Relations
and Financial Communication
38 Avenue Kléber – 75116 Paris - France
Telephone +33 1 71 75 01 67
Fax +33 1 71 75 10 12
e-mail nathalie.pinon@veolia.com
Brian SULLIVAN, Vice President, US Investor Relations
700 E. Butterfield Road -Suite 201
Lombard, IL 60148 - USA
Telephone +1 (630) 371 2749
Fax +1 (630) 282 0423
e-mail brian.sullivan@veoliaes.com
Web site
http://www.veolia-finance.com
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Veolia Environnement