Saint-Etienne renews its contrat with Veolia Transdev

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Veolia Transdev has just renewed a delegated management contract with the Saint-Etienne Metropolitan Community Council for nine years. The €47-million-a-year deal will be signed in June and will take effect on July 1.

The intermunicipal partnership comprising 43 districts and 380,000 people has set new goals for Veolia Transdev under the new contract, including continued growth in ridership throughout the period, sound management of the system to control costs and optimize taxpayer funds, as well as efforts to help achieve the targets of the Saint-Etienne Metropolitan Area’s Climate Plan.

The major changes in the delegated management contract will involve:

Introducing a new, more attractive fare structure, including:

  • A single zone for the entire area, instead of the current two, and open travel for all from Firminy to Rive de Gier using the same 1.5-hour STAS ticket.
  • More flexible use of single-fare tickets with an unlimited option to reload the OùrA! contactless card and the addition of a post-payment service.
  • The introduction of discount fares for CMU recipients and a student fare.
  • Rolling out a transportation service for people with special needs/disabilities across the metropolitan area, with new vehicles adapted to meet their needs that operate on demand.
  • Increasing light rail service through the acquisition of three additional light rail cars slated to go into service in 2015.
  • Improved rider information and ticket sales, with real-time information available by mobile phone, a new central information center and the creation of a virtual agency on the Web.
  • Reduced water and energy use (recovery of heat, automated lighting and heating control, recovery of roof water to wash buses).
  • Implementing the ISO 14001 environmental standard.
We are thrilled with the decision of the Saint-Etienne Metropolitan Area's elected officials to continue working with us and are doing everything we can to support them during the second phase of their efforts to upgrade their transportation services
Jérôme Gallot, Veolia Transdev CEO

Important Disclaimer

Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains “forward-looking statements” within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks described in the documents Veolia Environnement has filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission from Veolia Environnement.

About Veolia Transdev

Created by a merger of Veolia Transport and Transdev, subsidiaries of Veolia Environnement and Caisse des Dépôts, Veolia Transdev is the leading global public transit operator.

Veolia Transdev advises and supports regional authorities with everything from project planning to prime contractor assistance and the daily operation of public transit systems. The company has a work force of 102,000 in 27 countries and operates 60,000 vehicles and 25 light rail systems. Veolia Transdev posted revenue of €7.8 billion in 2011.

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