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.

13/07/2020 at 15h07, by Tarik Bargal

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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