Econostrum | Economic News in the Mediterranean
en.econostrum


   
en.econostrum



Pizzorno Environnement continues its disengagement from Morocco



           


Pizzorno Environnement refocuses on France. Photo Pizzorno Environnement.
Pizzorno Environnement refocuses on France. Photo Pizzorno Environnement.
MOROCCO/FRANCE. After stopping its operations on 1 July 2020 at the Oum Azza waste treatment and recovery site, near Casablanca, Pizzorno Environnement announced on 24 August that it "is not a candidate for the renewal of the collection and cleaning contract for Marrakech (Medina and Sidi Yousef Ben Ali) which it has been awarded since 2007 through its local subsidiary Téomara. In light of the new provisions of the Marrakech market (increase in the scope of consolidation, investment requirements, quarterly invoicing in particular) and the financial situation of its Moroccan subsidiaries, it has been decided to suspend the Group's development in Morocco". Téomara has 535 employees.
 
Its relations with the Moroccan authorities do not seem to be in good shape. Via its Moroccan subsidiary Teodem, it had obtained the management of the Oum Azza site from 2008 to 2028. It included a sorting centre, a biogas treatment station and three transfer centres for the transport of waste and above all had enabled the closure of several unauthorised landfills in the Rabat region. But the French group and the intermunicipal cooperation establishment had been in conflict since 2019.

 


Pizzorno Environnement states that it "will continue to intervene in Morocco in the framework of the contract for the collection, cleaning and treatment of household waste in Al Hoceima and the contract for the treatment of household waste in Moulay Abdellah".
 
Specialist in "waste management, from cleanliness to collection, from sorting to recovery and treatment". Pizzorno Environnement generated sales of €218m in 2019.
 


Arthur Maffren


Tuesday, August 25th 2020



Article read 30 times


Articles which should interest to you
< >