VEOLIA Slovensko

What VEOLIA Slovensko does

VEOLIA Slovensko (legal entity: Veolia Energia Slovensko, a. s.) is the Slovak operating subsidiary of the global Veolia environmental services group, headquartered in Bratislava at Einsteinova 21. Founded in 1992 (initially as C-Term, later Dalkia before the 2015 rebrand to Veolia Energia), the company has operated centralized district heating (CZT) infrastructure in Slovakia for over 30 years, growing from its original Petržalka concession (1993) into a network of 25 cities and municipalities serving approximately 100,000 households. Core technical assets include cogeneration (KVET/KGJ) units, pre-insulated pipeline networks, heat pumps, domestic heat transfer stations (DOST), and central dispatching systems with remote monitoring; the company commissioned a 4.2 MWp photovoltaic plant at Žiar nad Hronom in October 2024 and is developing biomethane and hydrogen decarbonization projects.

The business operates through 20+ wholly-owned subsidiaries and affiliated companies spanning heat production and distribution, industrial services, commodities trading, electricity and gas supply (VeCom SK), facility management, construction, and energy services. Revenue streams include regulated heat supply (tariffs set by ÚRSO), facility management (notably the exclusive SKY PARK Residence contract with Penta Real Estate covering 792 apartments and a 35,000m² park), energy performance contracting (GES/EPC), industrial heat and steam supply, and electricity generation from cogeneration and PV installations. GTM is sales-led and B2G-dominant, with municipal concessions won through public procurement (e.g., the July 2026 Staré Mesto Bratislava win) supplemented by direct enterprise sales to industrial clients and commercial real estate. The company is non-listed, ISO 37001 anti-corruption certified (2021), a signatory of the Slovak Diversity Charter (2019), and operates the Nadácia Veolia Slovensko foundation, which funded 54 community projects totaling more than EUR 225,000 in 2024.

Name

VEOLIA Slovensko

Legal name

Veolia Energia Slovensko, a. s.

Website

https://vesr.sk

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

VEOLIA Slovensko is a Bratislava-headquartered subsidiary of the global Veolia group operating regulated district heating (CZT), electricity, gas, and facility management services across 25 Slovak cities, serving approximately 100,000 residential, municipal, and industrial customers.

Ownership category

akta.pro rank

Product category

District Heating Services

NAICS

Steam and Air-Conditioning Supply (221330), Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122)

SIC

Cogeneration Services & Small Power Producers (4991), Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

District Energy & Community CHP (District Heating/Cooling Networks) (EUACAKAH)

akta.pro secondary industries

District Energy & CHP-Based Microgrids (Thermal Networks + Power) (EUACALAL), Chillers, Boilers & Central Plant Operations (BPABACAG)

Keywords

• District heating services
• Centralized heat supply
• Energy services
• Facility management
• Natural gas supply

Headquarters

HQ city

Bratislava

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D

Revenue model

1. Regulated Heat Supply (CZT): Core regulated revenue from manufacturing and distribution of heat via centralized district heating systems (CZT) to residential, commercial, and industrial customers. Heat prices are regulated by the Regulatory Office for Network Industries (ÚRSO). Revenue is stable and recurring, based on consumption volumes and regulated tariffs.
2. Facility Management & Building Services: Comprehensive building management services including technical services, building operation, maintenance, security, gardening, and winter/summer maintenance. Covers residential complexes (e.g., SKY PARK Residence - 792 apartments + park), office buildings, and industrial parks.
3. Energy Services (EPC / GES / PES): Energy performance contracting (Garantované energetické služby - GES) and energy management (PES) services, including energy audits, modernization planning, and guaranteed energy savings. Revenue from project-based contracts with municipalities, schools, and industrial clients.
4. Electricity and Gas Supply (VeCom SK): Supply of electricity and natural gas to end customers through VeCom SK subsidiary, providing bundled energy services alongside heat supply.
5. Electricity Generation (Cogeneration & PV): Revenue from sale of electricity generated from cogeneration units (KVET) and photovoltaic installations to the grid and to on-site clients. Cogeneration units sell electricity to the distribution grid; PV installations serve self-consumption and electricity sharing programs.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

VEOLIA Slovensko (Veolia Energia Slovensko, a.s.) is a Slovak energy and environmental services company that primarily delivers district heating (CZT - Centralized Heat Supply) to approximately 100,000 households across 25 Slovak municipalities through owned heating networks and municipal concessions. In addition to heat, it supplies electricity and natural gas (via its VeCom SK subsidiary) and offers facility management and broader energy services to industrial and municipal customers.

Product overview

VEOLIA Slovensko operates as a diversified energy services company offering a comprehensive portfolio of products and services centered around district heating (CZT), electricity and gas supply (VeCom SK), and integrated building/energy management. The core business is centralized heat supply systems that distribute heating and hot water to approximately 100,000 households across 25 Slovak cities. Supporting services include energy management (PES), guaranteed energy services (GES/EPC), technical operations, and comprehensive building management. The company also offers renewable energy solutions including photovoltaic installations and cogeneration units, positioning itself as a full-service energy partner for residential, industrial, and municipal clients.

Differentiator

Problem solved

Functional benefit

Brands

• VeCom SK: Reliable supplier of electricity and natural gas

Products and services

• District Heating (CZT - Centralized Heat Supply)
• Electricity Supply
• Natural Gas Supply (VeCom SK)
• Facility Management
• Energy Services and Energy Audits

Quantifiable outcome

• Heat losses reduced by 186.9 MWh/year; distribution efficiency increased by 5.4%; primary energy savings of 191.4 MWh (Prakovce reconstruction)
• +7 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered notable, core, minor and flagship.

• Inštitút cirkulárnej ekonomiky (INCIEN)notableStrategic or Co-development Partner · 4 May 2026Veolia partnered with INCIEN to co-finance and co-implement the KLIMASKEN 2.0 project, which helps Slovak cities prepare for climate risks. The project provides municipalities with climate hazard mapping, vulnerability assessments, and energy management frameworks.
• Únia miest Slovenska (ÚMS)coreStrategic or Co-development Partner · 4 May 2026ÚMS (Union of Slovak Towns) is the coordinator of the KLIMASKEN 2.0 climate adaptation project, partnering with Veolia and INCIEN. The project expanded to additional cities (Stará Turá, Lučenec) building on pilot phase in Veľký Krtíš, Komárno, and Dubnica nad Váhom.
• Nadácia KrižovatkanotableStrategic or Co-development Partner · 15 July 2024Nadácia Križovatka (Bridge Foundation), which since 2008 has raised awareness about Sudden Infant Death Syndrome (SIDS) and protection of at-risk infants up to 1 year old. Partnered with Nadácia Veolia Slovensko to donate 70 breathing monitors to 6 Slovak hospitals under the 'Mamička dýcham' project.
• Slovenská inovačná a energetická agentúra (SIEA)notableStrategic or Co-development Partner · 20 June 2023SIEA organized the 'Future of Regional Energetics' conference with an expert block on sustainable cities through modern district heating, co-sponsored by Veolia and featuring international speakers from Denmark, France, and Czech Republic.
• French Embassy in SlovakiaminorGTM or Marketing Partner · 20 June 2023French Embassy in Slovakia partnered as a co-organizer of the SIEA 'Future of Regional Energetics' conference supporting district heating modernization.
• Francúzsko-slovenská obchodná komoraminorGTM or Marketing Partner · 20 June 2023French-Slovak Chamber of Commerce was a partner of the SIEA regional energetics conference covering district heating topics.
• TA3 TelevisionnotableGTM or Marketing Partner · 1 December 2022TA3 TV channel partnered with Veolia as the main partner for the 'Energy Crisis' conference, featuring panel discussions on energy prices, municipal impact, and policy.
• Slovenský zväz výrobcov tepla (SZVTeP)notableStrategic or Co-development Partner · 1 October 2022Slovak Association of Heat Producers, whose chairman Stanislav Janiš spoke at ENERGOFÓRUM 2022 (partnered with Veolia) on CZT as an effective tool for cities' ecological transformation.
• Penta Real EstateflagshipStrategic or Co-development Partner · 8 March 2021Penta Real Estate selected Veolia as the exclusive facility manager for SKY PARK Residence (792 apartments, 35,000m2 park) and multitechnical services for SKY PARK Offices and Jurkovičova Tepláreň in Bratislava. This is Veolia's largest and most complex facility management contract in Slovakia.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Veolia Energie Česká republika: Sister subsidiary of Veolia operating in the Czech Republic with the same district heating (CZT), cogeneration, facility management, and energy services model serving municipal, residential, and industrial customers across multiple Czech cities.
• Bytterm: Slovak district heating operator supplying heat and hot water to households in Žilina, Martin, and surrounding municipalities — directly comparable in scale, customer profile (residential apartments), regulated CZT model, and Slovak concession-based structure.

Broad incumbents

• ENGIE: Global energy and utility group operating district heating networks and integrated energy services across Europe — directly comparable CHP/district energy franchise, but at vastly greater scale and as part of a wider generation/retail portfolio.
• ISS A/S: Global facility management services provider — directly comparable to Veolia's SKY PARK and comprehensive building management line, though ISS is a pure-play FM company rather than an energy utility extending into FM.
• Stredoslovenská energetika (SSE): Major Slovak electricity distribution and supply company active across central Slovakia, overlapping with Veolia Slovensko's territory on the electricity side (VeCom SK) and shared anti-corruption certification; broader incumbent rather than district heating specialist.
• Veolia Environnement (parent group): Paris-listed global parent of Veolia Energia Slovensko, operating water, waste, and energy services across dozens of countries; provides strategic context and capital but competes with Slovak peers only through overlapping group subsidiaries.
• Dalkia (now Veolia Energia): Predecessor brand of Veolia's European district heating operations; Veolia Slovensko itself was rebranded from Dalkia in 2015, and Dalkia remains the historic comparability anchor for the CZT/cogeneration business model.
• E.ON Slovensko: European energy group with Slovak electricity and gas retail/distribution operations; competes with VeCom SK for bundled energy customers and shares the same regulated B2G/B2B environment, though not focused on district heating.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/veoliaslovensko
• LinkedInlinkedin.com/company/veolia-slovensko

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries25 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VEOLIA Slovensko