2008-06-12 04:27:00 | Veolia Transport to manage Bilbao urban bus system from August 1, 2008
2008-06-12 | Veolia Transport to manage Bilbao urban bus system from August 1, 2008
Paris, June 12, 2008. The Bilbao (Spain) municipal authorities have awarded Veolia Transport the contract to manage the bus system for the city, which has 400,000 residents. The contract is for eight years, with an additional two years on option. It will generate cumulative revenue of around €305 million for the first eight years.
From August 1, 2008, the current personnel of “Bilbobús” will all continue in their functions, but under the responsibility of Veolia Transport. The transfer involves around 700 employees and a fleet of 150 buses. The buses will at first be made available by the municipal authorities, then gradually renewed by the operator.
Veolia Transport’s offer was selected above all because of the improvements proposed to the current quality of service. The goal is to reinforce the system’s frequency and the efficiency of its coverage. Veolia Transport will bring Bilbao its experience as a world-class operator in mass transit and its knowledge in, for example, customer service and ticketing systems. “Following in the wake of the Barcelona light rail system and the Jerez and Pamplona bus systems, we are very pleased to be able to offer the municipality of Bilbao and its residents our expertise and international know-how. This contract strengthens our operations in Spain, which is a very important country in our European growth strategy,” said Cyrille du Peloux, Chief Executive Officer of Veolia Transport.
Veolia Environnement's transport division operates in 30 countries and employs 81,532 people. Veolia Transport posted revenue of €5.6 billion in 2007. Veolia Transport operates 38,076 road and rail vehicles and carries more than 2,5 billion passengers per year. Veolia Transport contributes to remedy the shortage of urban space and avoids 3.6 million metric tons of greenhouse gas emissions (equivalent CO2) per year. www.veolia-transport.com
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is world leader in environmental services. With more than 319,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and freight and passenger transportation. Veolia Environnement recorded revenue of €32,6 billion in 2007. www.veolia.com
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