What Veolia Korea does

Veolia Korea (legal entity 베올리아산업개발코리아주식회사 / Veolia Industries Development Korea Co., Ltd.) is a Seoul-headquartered subsidiary of Veolia Environnement SA (Euronext Paris: VIE), operating as the Korean arm of the world's largest environmental services group. Established in 1999 as Vivendi Water Korea and rebranded to Veolia Korea in 2014, the company delivers integrated environmental solutions across three pillars — water management, waste management, and energy management — serving Korean industrial manufacturers (semiconductor, chemical, steel, automotive, paper, food & beverage, pharmaceutical) and municipal governments. Operational footprint spans 50+ sites with 1,300+ employees across Korea, anchored by long-term O&M, BOT, AOT, and EPC contracts, supplemented by the Veolia ITTC training center in Incheon Songdo (the sole technical training facility for Veolia Asia, established 2013) and an acquisitions-led portfolio expansion strategy that added eight subsidiaries between 2015 and 2023.

Veolia Korea monetizes through six core revenue streams: multi-year O&M contracts (5-20+ year terms covering operations, maintenance, and performance guarantees for water, wastewater, hazardous waste, and energy facilities); BOT/AOT infrastructure projects where Veolia invests capital and recovers it through service fees (e.g., Incheon Songdo Mansu municipal BTO, Magnachip UPW BOT, KG Steel wastewater BOT); EPC project delivery (e.g., SRF boilers, sludge facilities, RO/UF expansion); sale of proprietary Water Tech equipment and chemicals (Actiflo, Evaled, FILTRAFLO, Hydrotech, OPAMEM/UFLEX, NURION/SIRION, IONSOFT, Hydrex 2,400+ chemical products); waste-to-energy facility operations (Seogwipo 70 tonnes/day, Gyeongju); and hazardous waste treatment services (Uniken, high-temperature incineration at 1,100°C+). Pricing is project-specific and negotiated per engagement; no public price list exists.

The underlying technology platform leverages Veolia Group's 4,600+ patents and 26 research centers, with proprietary brands including Actiflo (high-rate microsand clarification), Hydrex (9 chemical product lines), Evaled (evaporators/crystallizers), AnoxKaldnes MBBR (biofilm reactors), Biothane (700+ anaerobic installations in 40+ countries), and the Hubgrade AI/digital monitoring platform with the patented Methacontrol biogas optimization system. The company is fully IMS-certified (ISO 9001, 14001, 45001) since 2011 and has received Korean PSM P-Grade (highest) safety certifications at multiple sites. Recent strategic activity (2024-2026) centers on the parent group's GreenUp 2024-2027 program (€2 billion investment, three growth boosters) and includes new partnerships with GS Caltex, KORAMCO, HD Hyundai Chemical, and SK Chemicals, plus contract upsells and renewals across the semiconductor, chemical, and municipal segments.

Name

Veolia Korea

Legal name

베올리아산업개발코리아주식회사 (Veolia Industries Development Korea Co., Ltd.)

Website

https://veolia.kr

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Veolia Korea is a Seoul-based integrated environmental services subsidiary of Veolia Group, providing water, waste, and energy management solutions to Korean industrial manufacturers and municipal governments through long-term O&M, BOT, and EPC contracts across 50+ sites.

Ownership category

akta.pro rank

Product category

Environmental Services

NAICS

Water Supply and Irrigation Systems (221310), Sewage Treatment Facilities (221320), Waste Management and Remediation Services (562), Remediation Services (56291), Materials Recovery Facilities (56292), Environmental Consulting Services (541620)

SIC

Electric, Gas & Sanitary Services (4900), Water Supply (4941), Sanitary Services (4950), Refuse Systems (4953), Chemicals & Allied Products (2800)

akta.pro primary industry

Industrial Wastewater & Effluent Treatment Services (BPALAHAD)

akta.pro secondary industries

Water Reuse & Reclamation Infrastructure Construction (Recycled Water Systems) (IMAFAGAH), SCADA, Instrumentation & Controls Integration for Water/Wastewater Projects (IMAFAGAK), Industrial Water Reuse Utilities (ZLD/MLD & Process Water Recycling) (EUANAGAG), Water & Wastewater Utility IoT (SCADA, Leak/Quality Monitoring) (EUADAPAK)

Keywords

• Industrial water treatment
• Waste management services
• Energy management solutions
• Environmental services
• Hazardous waste treatment

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices22 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. O&M (Operations & Maintenance) Contracts: Long-term operations and maintenance contracts for water treatment, wastewater, and waste management facilities at industrial and municipal sites. Revenue is recurring over multi-year terms (5–20+ years). Key clients include SK hynix, LG Chem/Lotte Chem, Magnachip, Kumho P&C, and municipal governments.
2. BOT/AOT Projects: Build-Operate-Transfer and Assess-Operate-Transfer models where Veolia invests capital in facility construction and recovers investment through service fees over the contract period. Includes municipal wastewater BTO projects (e.g., Incheon Songdo Mansu) and industrial water infrastructure.
3. EPC (Engineering, Procurement, Construction): Engineering, procurement, and construction contracts for water treatment facilities, including SRF boiler systems, sludge facilities, and RO/UF expansion projects. Revenue recognized on project completion.
4. Water Tech Products (Equipment & Chemicals): Sale of water treatment equipment (Actiflo, Evaled, FILTRAFLOTM, SIRION, Hydrotech, PMT), chemical solutions (Hydrex 9 product lines), and EP Design engineering services. Includes standard equipment, custom design, and aftermarket service parts.
5. Waste-to-Energy Facility Operations: Operation of waste-to-energy (WTE) facilities converting non-recyclable waste into electrical and thermal energy for industrial and district heating use. Includes biogas recovery and SRF (Solid Recovered Fuel) production.
6. Hazardous Waste Treatment: Safe treatment and disposal of hazardous waste including high-temperature incineration (1,100°C+), stabilization/solidification, landfill management, and resource recovery. Services span collection, transport, physico-chemical treatment, and environmental remediation.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Veolia Korea provides integrated environmental solutions across water management (industrial/municipal water treatment, wastewater, ultra-pure water for semiconductors, water reuse), waste management (hazardous waste treatment, materials recycling, waste-to-energy), and energy management (building energy services, district heating networks, bioenergy, energy efficiency). Services are delivered through long-term multi-year O&M, BOT/AOT, and EPC contracts for industrial clients (semiconductor, chemical, steel, automotive, pharmaceutical, food & beverage) and municipal governments, supported by proprietary equipment brands (Actiflo, Hydrex, Evaled, FILTRAFLO, SIRION) and the Hubgrade AI monitoring platform.

Product overview

Veolia Korea is an integrated environmental solutions provider operating across three core service pillars: Water Management, Waste Management, and Energy Management. The offering is structured as a platform-plus-specialized-products architecture. Water Management encompasses industrial and municipal water treatment services supported by a portfolio of proprietary equipment brands (Actiflo, Hydrex, Evaled, FILTRAFLO, Hydrotech) and membrane technologies (OPAMEM, UFLEX, NURION, SIRION, IONPRO, TERION, IONSOFT), complemented by biological treatment technologies (MBBR Pack, Ecodisk, Ecosim, BIOTHANE, MPP SYSTEMS) and mobile water services. Waste Management includes hazardous waste treatment (with BeyondPFAS services), materials recycling (PlastiLoop), and waste-to-energy (WTE) solutions. Energy Management covers building energy services, district heating networks, and bioenergy production. The offering is unified under the AI & Digital platform Hubgrade, which provides real-time monitoring and optimization across all three service areas. The company also provides technical training through its ITTC center and water quality analysis through the Veolia Analysis Center. Products span from standard equipment and chemical solutions to full-service O&M contracts, BTO projects, and EPC delivery.

Differentiator

Problem solved

Functional benefit

Brands

• Hubgrade: AI & Digital solutions for ecological transformation, smart monitoring center for water and energy management
• Hydrex
• Actiflo
• Evaled
• PlastiLoop
• Veolia ITTC

Products and services

• Water Management Services Comprehensive water treatment and management services covering process water production, wastewater and sludge treatment, and water reuse for industrial and municipal customers under O&M, BOT, and EPC contract models.
• Energy Management Services Energy efficiency solutions including building energy services, district heating networks, steam/energy production from waste treatment, and renewable energy solutions for industrial and municipal customers.
• Waste Management Services Comprehensive waste management including hazardous waste treatment, materials recycling, waste-to-energy, and landfill management services for industrial and municipal customers.
• Industrial Water Solutions Process water, wastewater treatment, and reuse facilities for industrial customers with investment, long-term operation, maintenance, and customized business models including BTO, O&M, and EPC. Key industrial clients include SK hynix, LG Chem, Lotte Chem, Magnachip, and Kumho P&C.
• Municipal Water Solutions Water and wastewater BTO (Build-Transfer-Operate) projects for local governments including sewage collection, treatment, sludge processing, and CSO management.
• Hazardous Waste Treatment & Resource Recovery Safe treatment and disposal of hazardous waste, including high-temperature incineration at 1,100+ °C with 99.99% destruction rate, soil remediation, industrial facility decommissioning, and environmental restoration services.
• Waste-to-Energy (WTE) Operations Converting non-recyclable waste into electrical and thermal energy through combustion, contributing to fossil fuel preservation, greenhouse gas reduction, and landfill diversion for industrial and municipal clients.
• PlastiLoop Recycled Plastics Global recycled plastic brand offering r-PP pellets, compounding, and recycled plastic materials for circular economy applications, with award-winning products (Red Dot Design Award 2024).
• District Heating Networks Design, construction, operation, and maintenance of district heating and cooling networks for municipal and industrial customers, supporting urban carbon footprint reduction.
• Building Energy Services (BES) Energy performance and efficiency services for buildings and industrial facilities, including energy auditing, optimization, and renewable energy integration.
• Depollution Solutions PFAS and micropollutant treatment, pollutant removal in wastewater, and advanced treatment solutions targeting 10 million tons of hazardous waste and pollutants by 2027.
• Hubgrade AI & Digital Platform AI and digital solutions platform providing real-time smart monitoring for water, waste, and energy management across industrial and municipal operations.
• Hydrex Specialty Chemical Solutions Specialty chemical solutions for industrial and municipal water treatment systems, with 2,400+ chemical products across 9 specialized product lines covering scale/corrosion prevention, biocide, coagulants, and wastewater treatment.
• Actiflo High-Rate Clarification System High-speed ballasted coagulation-clarification technology using microsand and turbomixer for rapid water clarification; available in Pack ACP2 and Pack Mini variants.
• Evaled Evaporation and Crystallization Equipment Evaporation and crystallization equipment using heat pump, thermal, and MVR technologies for concentrating and crystallizing industrial wastewater.
• FILTRAFLO Pressure Filtration Systems Pressure filtration systems including FCP-D, FCP-P, and FPA-D models for water clarification and filtration in industrial applications.
• RO Membrane Systems (NURION / SIRION) Reverse osmosis membrane systems producing near-pure water, including SIRION (Advanced, Pro, Mega, Mini/Midi, Sea Water variants) and NURION packages.
• TERION RO-CEDI High-Purity Water System Combined reverse osmosis and continuous electrodeionization system for producing high-purity water (RO-CEDI package solution).
• BIOTHANE Anaerobic Wastewater Treatment Leading anaerobic wastewater treatment technology applied across more than 40 countries with 700+ installations, producing renewable biogas with low energy consumption.
• MBBR Pack / Ecodisk / Ecosim Biological Treatment Moving Bed Biofilm Reactor (MBBR) and rotating biological contactor (RBC) systems using AnoxKaldnes technology for compact, customized biological wastewater treatment.
• MPP Systems Hydrocarbon & Solvent Recovery Macro Porous Polymer Extraction technology for recovering hydrocarbons and solvents from water in oil & gas, chemical, and pharmaceutical industries.
• Hydrotech Discfilter & Drumfilter Disc filter and drum filter equipment for water filtration with larger filtration area, smaller footprint, and lower power consumption.
• IONSOFT Ion Exchange Water Softening Ion exchange water softening systems in multiple sizes (Mini, Midi, Maxi, Mega) for producing softened water.
• OPAMEM / UFLEX Membrane Filtration Systems Packaged membrane filtration systems for nano-filtration (NF) and ultrafiltration (UF) applications in industrial water treatment.
• Mobile Water Services On-demand mobile water treatment solutions providing temporary or long-term water treatment using RO, demineralization, ultrafiltration, and Actiflo technologies with rapid deployment capabilities (24-hour response).
• Veolia Analysis Center Water quality measurement and technical training services for industrial and municipal customers, including laboratory analysis and technical education programs.
• Methacontrol Biogas Capture Management Automated biogas collection network management system with patented technology that continuously adjusts biogas capture operations to maximize recovery rates.
• GreenUp 2024-2027 Strategic Program Veolia's 2024-2027 strategic program focused on decarbonization, depollution, and resource regeneration with three growth boosters (bioenergy, water technologies, hazardous waste) backed by 2 billion euro investment.

Quantifiable outcome

• Veolia Group targets 18 million tonnes of CO2 erased (Scope 4) and a trajectory compatible with 1.5°C warming (Scope 1&2) by 2027
• +5 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• GS Caltex (GS칼텍스)coreStrategic or Co-development Partner · 1 April 2026Veolia Korea and GS Caltex signed a strategic partnership in April 2026 to strengthen environmental security for Korean industrial customers. The partnership aims to provide comprehensive environmental solutions leveraging Veolia's expertise in water, waste, and energy management combined with GS Caltex's industrial footprint. This is positioned as a core strategic partnership for industrial environmental security in Korea.
• Sookmyung Women's University (숙명여자대학교)minorImplementation/ SI/ Consulting Partner · 1 March 2026Veolia Korea signed an industry-academia cooperation MOU with Sookmyung Women's University in March 2026. The partnership focuses on talent development, joint research, and educational programs in environmental management and sustainability, supporting Veolia's recruitment and skills development goals in Korea.
• HD Hyundai Chemical (현대케미칼)minorStrategic or Co-development Partner · 1 November 2025Veolia Korea was selected as the water quality analysis partner for HD Hyundai Chemical's Daesan plant in November 2025, providing laboratory analysis and water quality monitoring services to support the client's environmental compliance and operational excellence.
• KORAMCO (코람코자산신탁)coreStrategic or Co-development Partner · 1 July 2025Veolia Korea entered into a strategic ESG partnership with KORAMCO (Korea Real Estate Asset Management Corporation) in July 2025 to create ESG value. The partnership focuses on developing environmental projects that generate both financial returns and positive ESG outcomes, combining Veolia's environmental technology expertise with KORAMCO's asset management capabilities.
• Gyeongnam-do (경상남도)coreStrategic or Co-development Partner · 1 July 2025Veolia signed a business cooperation MOU with Gyeongnam-do in July 2025 during an investment attraction briefing held in Paris. The partnership aims to expand Veolia's environmental business presence in South Gyeongsang Province, covering water, waste, and energy management projects across the region's industrial zones and municipalities.
• SK Chemicals (SK케미칼)coreStrategic or Co-development Partner · 1 January 2025Veolia Korea established a long-term partnership with SK Chemicals in 2025, marking a significant expansion of its chemical sector client base. The partnership covers entrusted operation (O&M) of water treatment and process water facilities.
• KMAC (Korea Management Association Consulting)minorImplementation/ SI/ Consulting Partner · 1 December 2024Veolia Korea signed a partnership agreement with KMAC in December 2024 to provide environmental consulting solutions to clients. KMAC's management consulting expertise complements Veolia's technical environmental solutions to deliver integrated ESG consulting services.
• Columbia University and HEC PariscoreStrategic or Co-development Partner · 1 January 2022Veolia collaborated with researchers from Columbia University and HEC Paris to develop a formal definition of environmental security: 'A stable condition in which people retain the ability to effectively manage, plan for, and adapt to future changes in their environment and ecosystem, retaining access to essential resources and capabilities.' This academic partnership underpins Veolia's environmental security framework and strategic positioning.
• CNRS (French National Center for Scientific Research)minorStrategic or Co-development Partner · 1 January 2022Veolia partnered with CNRS to research and develop phytoremediation (plant-based environmental cleanup) technologies for restoring contaminated soils. This innovative approach represents a sustainable and eco-friendly method for soil remediation projects.
• Elabe Consulting and Research FirmcoreStrategic or Co-development Partner · 1 January 2022Since 2022, Veolia has partnered with Elabe to publish the Ecological Transformation Barometer every two years. The Barometer is a global survey conducted across 26 countries on 5 continents to assess societal readiness to accept social, economic, and cultural changes needed to address the environmental emergency.

Scale indicators16 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• SUEZ: French-headquartered global environmental services giant (now part of Veolia since 2022 merger) — historically the closest direct competitor in water, waste, and environmental services across municipal and industrial markets worldwide.
• Doosan Enerbility: Korean industrial conglomerate providing water treatment, desalination, and environmental solutions for power and industrial clients. Competes head-to-head with Veolia Korea on industrial water/wastewater EPC and O&M contracts.
• Kurita Water Industries: Japanese water treatment chemicals and equipment manufacturer with established Korean operations. Directly comparable to Veolia Water Technologies Korea on Hydrex-equivalent chemicals and ultrapure water systems for semiconductor fabs.
• SK Ecoplant: Korean environmental services platform subsidiary of SK Group, providing waste management, energy, and resource recycling with overlapping industrial and municipal clients. Most direct domestic competitor in circular economy.

Regional players

• Taeyoung Engineering & Construction: Korean construction and engineering firm with water/wastewater and plant operations. Competes with Veolia Korea for municipal sewage treatment EPC projects and selected industrial water/wastewater contracts.
• Sewon E&C: Korean environmental services company specializing in industrial wastewater treatment and EPC for water/wastewater facilities. A regional competitor in the Korean industrial water market.

Broad incumbents

• K-water (Korea Water Resources Corporation): Korean state-owned national water utility operating municipal water supply, flood control, and wastewater infrastructure. As a public incumbent, K-water is the largest counterpart for municipal BTO/BOT concessions that Veolia Korea competes to win.
• Samsung Engineering: Major Korean EPC contractor with environmental and water treatment business divisions serving industrial and municipal clients. Competes for large-scale wastewater and energy engineering projects in Korea and abroad.
• POSCO E&E (POSCO ICT / POSCO Engineering & Construction): Industrial water and wastewater treatment business within the POSCO Group, providing environmental services for steel and industrial clients — overlapping with Veolia Korea's KG Steel and Korean petrochemical customer segments.

Emerging players

• Ecolab: Global leader in water treatment chemicals and services with a strong Korean presence — directly comparable to Veolia Korea's Hydrex chemical product line and industrial water management services for semiconductor and manufacturing clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCnoL2eEn5U--jjVUlhTOxhQ
• LinkedInlinkedin.com/company/veoliakorea

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries11 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 Korea