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2005 - 2006 - Pinsent Masons Water Yearbook 2012

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GERMANY PART 3 (ii): COMPANY ANALYSIS: LOCAL/REGIONAL PLAYERS<br />

Gelsenwasser has three main 100% held subsidiaries involved in water and sewerage service<br />

provision: Vereinigte Gas und Wasserversorgung GmbH (VGW) and Niederrheinische Gas und<br />

Wasserwerke GmbH (NGW), which operate in Gelsenwasser’s region. NGW was acquired in 1973,<br />

while VGW was incorporated by Gelsenwasser in 1968. VGW supplies water to 22,445 customers, or<br />

120,500 people in four municipalities. AWS Abwassersysteme GmbH (AWS) specialises in sewerage<br />

contracts. AWS is still at the start up stage, with one sewage treatment work construction project<br />

awarded and 2004 revenues of €5.5 million. Otherwise, the company believes that in Western<br />

Germany it has suffered from the fiscal discrimination against awarding service contracts to the private<br />

sector. Gelsenwasser (51% stake) took over the operations of Abwassergesellschaft Gelsenkirschen<br />

GmbH in April 2004, which is responsible for the operation of the city of Gelsenkirchen’s sewage<br />

disposal operations, serving 275,000 people. This represents a return to the company’s origins,<br />

handling all aspects of the city’s water cycle.<br />

In August 2004, Gelsenwasser gained 49% of Stadtentwässerung Dresden GmbH, which runs the<br />

waste-water operations for the state capital of Saxony. With 480,000 inhabitants around 26million m³<br />

of wastewater will be disposed of.<br />

In August 2004, 49.9% of the shares in Technische Werke Emmerich am Rhein GmbH (TWE) was<br />

acquired. TWE operates the 223km of sewerage pipes and the sewage treatment plant in the city of<br />

Emmerich-on-Rhine. The city of Emmerich-on-Rhine holds 50.1% of the shares.<br />

Wasserbeschaffung Mittlere Ruhr GmbH (WMR), Bochum<br />

WMR is jointly held (50% each) by Stadtwerke Bochum GmbH (commercial management) and<br />

Gelsenwasser (technical management), under a 1971 agreement covering water supply to the city of<br />

Bochum and Gelsenwasser’s supply territories south of the River Ruhr. <strong>Water</strong> is supplied by<br />

Gelsenwasser’s Essen plant and Wasserbeschaffung Mittlere Ruhr GmbH’s Stiepel waterworks.<br />

FY 31/12 (€ million) 2001 2002 2003 2004<br />

Sales 9.4 9.2 9.5 11.0<br />

<strong>Water</strong> provision (million m 3 ) 31.5 30.4 31.2 30.6<br />

Wasserversorgung Herne GmbH (WVH), Herne<br />

The company (50% held by Gelsenwasser and 50% Stadtwerke Herne AG) was formed in 1961, after<br />

Gelsenwasser had provided water to the municipality for some decades via franchise contracts.<br />

FY 31/12 (€ million) 2001 2002 2003 2004<br />

Sales 16.4 16.9 16.5 16.8<br />

<strong>Water</strong> provision (million m 3 ) 9.7 9.7 9.8 9.8<br />

Wasserversorgung Voerde GmbH (WVV), Voerde<br />

A 1994 joint venture (50% each) between NGW and the municipality, providing water to 15,314<br />

households in Voerde. Drinking water is sourced exclusively from NGW's Bucholtwelmen <strong>Water</strong>works.<br />

FY 31/12 (€ million) 2001 2002 2003 2004<br />

Sales 4.5 4.5 4.6 4.9<br />

<strong>Water</strong> provision (million m 3 ) 2.2 2.3 2.5 2.4<br />

Wasserwerke Westfalen GmbH (WWW), Dortmund<br />

Formed in 2000 as a joint venture (50% each) between Gelsenwasser and Dortmunder Energie- und<br />

Wasserversorgung GmbH (DEW), serving DEW in Westhofen, Ergste, Villigst, and Hengsen and for<br />

Gelsenwasser in Witten, Echthausen, and Halingen. The contract is designed as an open option for<br />

further expansion.<br />

FY 31/12 (€ million) 2001 2002 2003 2004<br />

Sales 34.1 33.4 36.3 41.2<br />

<strong>Water</strong> provision (million m 3 ) 117 112 114 111<br />

In August 2001, a 20 year contract was gained for supplying 1.2million people in 400,000 households<br />

in Bochum and Hamm, Iserlohn and Sendenhorst. Wasserwerke Westfalen GmbH (WWW) abstract<br />

301 <strong>Pinsent</strong> <strong>Masons</strong> <strong>Water</strong> <strong>Yearbook</strong> <strong>2005</strong> – <strong>2006</strong>

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