Société Monégasque d'Assainissement

What Société Monégasque d'Assainissement does

Société Monégasque d'Assainissement (SMA) is a Monegasque limited company that has operated as the exclusive public service concessionaire for urban cleaning, household waste collection, and waste treatment in the Principality of Monaco since 1938, with origins tracing to an 1882 concession agreement and a first incineration plant inaugurated in 1898 under Prince Albert I. Headquartered at 12 Avenue de Fontvieille, Monaco, with share capital of 744,000 euros across 1,240 shares, SMA is controlled by SMEG (Société Monégasque de l'Électricité et du Gaz, 61.05%), which is itself majority-owned by ENGIE Energie Services; the Monegasque State holds 23.31% and miscellaneous shareholders hold 15.64%.

The company operates three core service lines under separate concession agreements: street cleaning and public space maintenance (deploying approximately 140 agents 7 days a week across streets, pavements, car parks, beaches, tunnels, and underground passages), waste collection operating 7 days a week with two-thirds day shift and one-third night shift using yellow and green bins, and waste processing via the third-generation Waste-to-Energy Plant in the Fontvieille district commissioned in 1980. The 1,500 m2 earthquake-proof facility has two MARTIN boiler furnaces supplied by CNIM, a 30-tonne weighbridge, a 1,200 m3 refuse pit, and ROTHEMULE/LAB flue gas treatment, achieving 90% volume reduction and 75% mass reduction at a nameplate capacity of 80,000 tonnes per year. Energy recovery generates surplus electricity distributed via the SMEG public network (2,600 kW alternator) and steam feeding district heating/cooling for Fontvieille buildings.

SMA holds ISO 9001, ISO 14001, and ISO 45001 certifications, and operates within the framework of Sovereign Order No. 6.251 and Ministerial Order No. 2017-38. Its business model combines state concession funding (Monegasque State as main client), commercial services through the wholly-owned SMA Services subsidiary targeting hotels, hospitals, events, yacht owners, retailers, and building managers, plus energy sales and recycling partnerships with Paprec (French sorting), Ecolvetro (Italian glass processing), and Terradona (Cliiink rewards). Customer-facing channels include the Game of Tri educational app, the annual MonaCollecte solidarity event under Prince Albert II patronage attracting 1,100+ visitors, mobile mini-recycling centres, school workshops, and freephone advisory lines. Most residential services are free for Monaco residents.

Name

Société Monégasque d'Assainissement

Legal name

SMA - Société Monégasque d'Assainissement

Website

https://sma.mc

Company type

Private

Founded year

1882

Operating status

Operating

Headcount range

1–10 employees

Short description

Société Monégasque d'Assainissement is Monaco's exclusive public service concessionaire for urban cleaning, household waste collection, and waste-to-energy processing, operating under state concessions since 1938 with an 80,000 tonnes-per-year incineration plant and serving residents, businesses, and the Monegasque State.

Ownership category

akta.pro rank

Headquarters

HQ city

Monaco

HQ country

Monaco

HQ region

Europe

Offices4 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. Public Service Concession: SMA operates under concession agreements with the Monegasque State for public cleaning, collection, and waste treatment services. Revenue comes from government funding and service fees.
2. Commercial Services: Private services for businesses, hotels, event organizers, building managers, and yacht owners including waste collection, cleaning, and equipment provision.
3. Energy Sales: Surplus electricity from waste-to-energy plant distributed via SMEG public network; steam supplied to district heating/cooling networks for public and semi-public buildings

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels10 records

Core offering

SMA operates as a public service concessionaire in Monaco, delivering street and public-space cleaning, household and industrial waste collection, and waste treatment through its Waste-to-Energy Plant capable of incinerating 80,000 tonnes per year. Services also include selective sorting for recyclables, bulky waste and special household waste handling, and energy recovery (electricity and steam for district heating/cooling). Commercial cleaning and waste management for businesses is offered through its wholly-owned SMA Services subsidiary.

Product overview

SMA operates as a public service concessionaire providing three core services: cleaning of public spaces and roads (deploying 140 staff 7 days/week), collection of household and industrial waste (including selective sorting for recyclables and special household waste), and processing of waste via incineration at the Waste-to-Energy Plant. The product portfolio includes the Usine de Valorisation (80,000 tonnes/year capacity), déchèteries (fixed and mobile), yellow bin recycling with Cliiink rewards, bulky waste collection, the Game of Tri educational app, and SMA Services commercial subsidiary. Key initiatives include Monacollecte annual events and the Clean City dog waste management programme.

Differentiator

Problem solved

Functional benefit

Products and services

• Usine de Valorisation (Waste-to-Energy Plant) Waste incineration plant with two boiler furnaces (MARTIN and CNIM) achieving 90% volume reduction and 75% mass reduction. Generates electricity (2,600 kW alternator) for self-supply with surplus distributed via SMEG, and produces steam for district heating/cooling of Fontvieille buildings.
• Special Household Waste Reception Centre (Déchets Ménagers Spéciaux) Guarded facility where private individuals can drop off hazardous household waste (batteries, light bulbs, aerosols, paints, solvents) free of charge. Located at 3 Rue du Gabian, Fontvieille, open Monday-Friday 9:00-12:00 and 13:15-17:00, Saturday 8:45-12:00.
• Bulky Waste Collection (Encombrants) Free collection of bulky household waste for Monaco residents by appointment (max 1 m³ per appointment), performed Monday to Friday.
• Recyclable Waste Collection (Déchets Recyclables) Selective collection of recyclable household waste including packaging, paper, and glass. Yellow bins collected twice weekly from 18:30; glass collected via Cliiink-equipped containers with reward points system. Sorting performed at Paprec (Cannes-la-Bocca) and Ecolvetro (Italy) facilities.
• Nettoiement (Street and Public Space Cleaning) Daily cleaning services for streets, pavements, car parks, beaches, underground passages, and tunnels. Deploys approximately 140 cleaning agents 7 days a week using sprinklers, scrubbers, and pressure washers.
• Mini déchèterie mobile (Mobile Mini Recycling Centre) Mobile drop-off service for hazardous household waste, providing a local neighbourhood solution for residents unable to visit the fixed facility.
• Waste Collection Service (Collecte) Collection of household waste, non-hazardous industrial waste, commercial waste, and selective sorting waste. Operates 7 days a week with day and night shifts (approximately 40 collection staff).
• SMA Services (Commercial Cleaning & Waste Subsidiary) Wholly-owned subsidiary offering turnkey cleaning and waste management solutions for businesses, events, yachting, hotels, restaurants, and property managers. Includes dedicated account management and custom service packages; 98.6% customer satisfaction rate.
• Special Household Waste Collection Points (Points de Collecte DMS) Network of drop-off points throughout Monaco at retailers and public locations (Médiathèque Caroline, Carrefour, FNAC, Brico Pro, Utile, Intermarché, Mairie, La Poste) for batteries, light bulbs, neon tubes, and small electrical appliances.

Quantifiable outcome

• 80,000 tonnes waste processed annually with 90% volume reduction
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Paprec GroupcoreStrategic or Co-development PartnerPaprec operates the SMED sorting center in Cannes-la-Bocca where Monaco's yellow bin contents are sent. The recently renovated center is one of the most efficient in Europe, using mechanical, optical, and manual sorting processes.
• EcolvetrocoreStrategic or Co-development PartnerEcolvetro operates the sorting center in Italy for Monaco's glass packaging. Glass is sorted, cleaned, and reduced to cullet before being delivered to glassmakers for remelting into new bottles.
• Terradona (Cliiink)coreTechnology or IntegrationTerradona designed the Cliiink reward system installed on glass containers in Monaco. Each glass item deposited earns points redeemable for shop discounts or charity donations.
• RuvalorminorStrategic or Co-development PartnerRuvalor provides scrap metal recovery services for Monaco, processing bulky metal items and WEEE collected at the waste facility.
• Croix Rouge MonégasqueminorGTM or Marketing PartnerCharitable organization collecting reusable items at MonaCollecte events, accepting clothes, toys, books, and small electrical appliances.
• Mission EnfanceminorGTM or Marketing PartnerCharitable organization partner in MonaCollecte events collecting reusable items for reuse and recycling.
• Fight Aids MonacominorGTM or Marketing PartnerCharitable organization collecting reusable items at MonaCollecte events.
• Oceanographic Museum of MonacominorGTM or Marketing PartnerPartner in the Sorting Game challenge and Escape Game activities, offering tickets to winners for environmental education.
• CNIM (Constructions Navales et Industrielles de la Méditerranée)coreTechnology or IntegrationCNIM built the current Waste-to-Energy Plant in 1980 through a public construction contract, providing boiler systems and installation.

Scale indicators12 records

Recent moves10 records

Expansion highlights5 records

Regional players

• Biffa: UK integrated waste management company providing collection, treatment, recycling, and energy-from-waste services. It is a regional peer with the same end-to-end operating model, although it serves the United Kingdom rather than Monaco.
• Paprec Group: European recycling and waste-recovery group operating sorting and material-recovery facilities, including the Cannes center that handles Monaco's yellow-bin material. It is a strong regional comparator for recycling and material treatment, though it does not provide SMA's full public cleaning concession.
• Pizzorno Environnement: French waste collection, sorting, treatment, and energy-recovery operator serving municipalities and businesses. Its integrated municipal waste model and proximity to Monaco make it the closest regional public-service and treatment peer.
• Séché Environnement: French environmental services group focused on hazardous and non-hazardous waste treatment, storage, recovery, and energy-from-waste. It is a direct comparator for SMA's treatment infrastructure and hazardous household-waste capabilities.

Direct peers

• Renewi: European waste-to-energy and recycling company combining collection, sorting, treatment, and energy recovery. Its integrated waste-to-resource model is directly comparable to SMA's waste-to-energy plant and district-energy links.

Broad incumbents

• Veolia: Global environmental management group with waste collection, treatment, recycling, water, and energy activities. It is comparable through integrated waste and energy recovery, although its scope is substantially broader than Monaco-focused SMA.
• Derichebourg: International provider of environmental services, recycling, waste processing, and utilities-related services. Its collection, sorting, recovery, and treatment portfolio overlaps SMA's integrated sanitation offering.
• Remondis: International recycling, waste management, and water services group with municipal collection and recovery operations. It overlaps SMA's public waste services and material recovery, but serves a much broader geography.
• Suez: Global environmental services company providing waste collection, recycling, treatment, and energy-recovery solutions. It overlaps SMA's collection, treatment, and energy-recovery activities, but at much larger scale and with a broader portfolio.
• FCC Environment: European waste management operator providing collection, treatment, recycling, and energy recovery to municipal and commercial customers. It is a broad incumbent comparable to SMA's public-service concessions and processing infrastructure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/monacollecte
• Instagraminstagram.com/monacollecte
• LinkedInlinkedin.com/company/sma-monaco

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

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 Société Monégasque d'Assainissement