The municipality of Buenos Aires (Argentina) has just contracted the management of its waste management services to Proactiva Medio Ambiente, a Veolia Environnement subsidiary in charge of its activities in Latin America. For Veolia, this ten-year contract represents cumulative revenues of €500 million (531 million Argentine pesos a year).
“In terms of its high population and with more than 12,000 commercial and services operations, Zone 1 of the city of Buenos Aires is the most complex to operate. I am delighted with this new contract under which the Buenos Aires authorities have renewed their trust in our expertise and our technical ability to deliver quality service.”Ramon Rebuelta
“This contract is an illustration of the expertise that Proactiva and Veolia can provide public authorities and communities in Latin America. In a region of dynamic growth and rapid urban expansion, the city of Buenos Aires in making this choice has shown that Veolia’s solutions and expertise in managing large and complex urban services make all the difference.”Antoine Frérot
Present in eight countries (Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Venezuela) through its subsidiary Proactiva, Veolia serves more than 42 million customers and employs nearly 12,000 people. In particular, the company has water management contracts in Guayaquil, Mexico City and Lima, cleaning services contracts in Caracas, São Paulo and Santiago de Chile, and has recognized expertise in wastewater treatment for industry in Brazil and hazardous waste management in Mexico. Over the past few years, Proactiva has experienced strong and profitable growth, and has doubled its operating income in the past five years. Latin America is a dynamic region with strong industrial growth, especially in the oil and gas, mining, food and beverage, and petrochemicals sectors, coupled with rapid urban expansion. Today’s increasingly stringent environmental standards are driving companies and local authorities to tackle the management of their complex environmental issues.