Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Veolia Names New Operating Chief to Take Charge of Cost-Cutting

The French water company Veolia Environnement, whose shares have slumped 11 percent this year amid a restructuring, named Francois Bertreau as chief operating officer to oversee cost-cutting efforts.

Bertreau, 57, who begins Dec. 1, will “be in charge of putting in place the company’s new organizational structure,” the Paris-based utility said today in a statement.

Chief Executive Officer Antoine Frerot is cutting debt and scaling back global operations to boost profits. The company plans to sell 5 billion euros ($6.4 billion) of assets and cut investments this year and next. It has said it will also reduce operating costs by 270 million euros in 2013.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.