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Sogea - 1999 annual report - Vinci

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Outlook<br />

In car parks, the acquisition in July <strong>1999</strong> of the<br />

leading French company and European Number 2<br />

Sogeparc by the SGE Group should make it possible<br />

to leverage promising synergies as already<br />

demonstrated by a joint bid put in by <strong>Sogea</strong> and<br />

Sogeparc for the construction, renovation and<br />

operation of 5 car parks in Bordeaux.<br />

<strong>Sogea</strong>’s multidisciplinary teams, their comprehensive<br />

engineering, design, construction and operation<br />

capabilities, and their local roots are advantages on<br />

which the company can build, particularly in the private<br />

sector (hotels, clinics, developers) in a market whose<br />

potential <strong>Sogea</strong>’s recent successes clearly demonstrate.<br />

Interesting prospects for the company should also<br />

be developing soon, especially in the capital, when<br />

a number of large concessions run out.<br />

1<br />

The development of maintenance activity will be<br />

coming essentially from private-sector service<br />

companies. In France, the main <strong>Sogea</strong> subsidiary<br />

specialized in this line of business is Sicra<br />

Maintenance Multiservices which in 1996 was the<br />

first French company in this sector to receive ISO<br />

9002 certification. Its expertise should gradually<br />

extend to new regions such as the West and the<br />

South East where the service sector has expanded<br />

considerably over the last couple of years.<br />

In water treatment, <strong>Sogea</strong> transferred most of its<br />

contracts to Générale des Eaux over the last few<br />

years. However, its comprehensive capabilities<br />

(design, construction, operation) and its roots in<br />

local markets have enabled it to keep and develop<br />

its water treatment and purification activity.<br />

1. Sicra Maintenance<br />

Multiservices obtained<br />

the maintenance contract<br />

for the Tribunal de grande<br />

instance at Bobigny.<br />

4. <strong>Sogea</strong> operates<br />

several water treatment<br />

and purification units<br />

in mainland France and<br />

in the overseas territories.<br />

4<br />

41

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