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Stock impact report

Veolia Boosts Its Activities in the Middle East, Targeting 50 % Growth by 2030

VEOLIA ENVIRONNEMENT ADR (VEOEY) 
NASDAQ:AMEX Investor Relations: veolia.com/en/veolia-group/finance-area
Company Research Source: Business Wire
Present in the Middle East for more than 50 years, Veolia generated sales of 1.1 billion euros in 2023 in the region through its three core businesses (water, energy and waste), and employs more than 11,000 people.The Middle East is a strategic zone for the Group, which has decided to make it a geographic booster for its GreenUp 24-27 strategic plan.Veolia confirms its ambition and targets growth of +50% in the region by 2030, based on its innovations in the fields of water resource preservation, hazardous waste treatment and local low-carbon energy production.World leader in desalination, Veolia plans to grow 2 times faster than the market in the coming years and supplies its cutting-edge reverse osmosis technologies to emblematic sites in the region, including the Hassyan plant, the most energy-efficient and the second largest in the world, the Hamriyah and Mirfa 2 plants (in the United Arab Emirates), as well as the Sur plant (in Oman) and the Sadara-Marafiq plant (in Saudi Arabia) Show less Read more
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