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The REMONDIS Aqua Group has further intensified its commitment to the Polish market: in June, it acquired a 40 percent share in the municipal water and wastewater company owned by the City and District of Trzemeszno. Working together, they now intend to further improve water management, recycling and services in the region.
The District of Trzemeszno is situated west of Warsaw and comprises the City of Trzemeszno itself as well as 40 different towns and villages. In the past, water management and recycling services had been provided by a company fully owned by the local authorities. Things have changed recently, however, with REMONDIS Aqua acquiring a 40 percent share in the municipal business in June. Just two weeks later, at the beginning of July, the company began operating under its new name, REMONDIS Aqua Trzemeszno Sp. z o.o..
REMONDIS Aqua Trzemeszno serves around 15,000 local inhabitants. Each year, the three waterworks in the region process a total of 520,000m³ of drinking water on behalf of their private and commercial customers and the Trzemeszno sewage treatment plant around 280,000m³ of wastewater. In addition to its water management responsibilities, the company also operates in the recycling sector and provides road-cleaning and winter services.
REMONDIS Aqua works together with local authorities, associations and industrial businesses in Poland.
Both the region of Trzemeszno and the mayor, Krzysztof Dereziński, have high expectations of this partnership with REMONDIS Aqua. Their joint goal is to further develop this partly privatised firm and create a modern, customer-friendly service company that perfectly unites sustainability and economic efficiency.
From point of view of corporate law, this joint venture was carried out by Warsaw-based REMONDIS Aqua Sp. z o.o. REMONDIS Aqua’s foreign subsidiary excelled during the tender process, in particular thanks to its levels of expertise and know-how gathered from similar partnerships such as those with the Polish districts of Drobin and Toszek.
One special feature of this cooperation agreement with Trzemeszno is that the acquisition was completed by increasing the nominal capital. This means that all the funds put aside for the acquisition remain inside the company and can be used to finance investments which are so urgently needed.
These planned investments cover all infrastructures including the drinking water and sewer pipe networks and the waterworks themselves. Priority has also been put on modernising the sewage treatment plant where plans are in place for the mechanical treatment processes to be improved. By optimising the various processes, the partners are looking to increase quality and so improve the discharge values. Furthermore, an intermediate storage structure is to be built which will be able to hold excess water during heavy rainfall.
The historic water tower in Trzemeszno is still in operation today ensuring water pressure is kept at the right level
With the company looking to further improve the quality of its services, plans have also been drawn up to upgrade in-house structures, including modernising the fleet of vehicles, renovating the head office building and setting up a modern customer centre. These investments will be accompanied by initiatives to promote work safety and a comprehensive programme of further training courses for the 53 employees. A meeting has already taken place at LWG Lausitzer Wasser GmbH & Co. KG in Cottbus (also a REMONDIS Aqua joint venture) giving those taking part the opportunity to exchange experiences.
The focus of REMONDIS Aqua’s international activities is on the markets in Poland, Russia, Spain, Turkey and India.
For REMONDIS Aqua, this cooperation work with the City and District of Trzemeszno is a further important step in its goal to strengthen its water management activities on the Polish market. Moreover, this partnership can act as a role model for the many other local authorities having to cope with similar such complex, high investment projects in order to advance their regions.
A special event was organised to celebrate the signing of the acquisition agreement – a great start to a promising partnership