Tensions mount over Veolia’s liquidity in Morocco
The French group’s two local subsidiaries are increasingly experiencing problems due to long payment delays from public bodies, an issue that is spreading to individual customers.
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▪ Tensions mount over Veolia’s liquidity in Morocco
▪ The French group’s two local subsidiaries are increasingly experiencing problems due to long payment delays from public bodies, an issue that is spreading to individual customers.
▪ https://www.africabusinessplus.com/en/805007/tensions-mount-over-veolias-liquidity-in-morocco/
According to our sources, Veolia’s two subsidiaries in Morocco, Redal and Amendis, have recorded almost €700m in revenue, of which some 20% has still not been collected.
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