ADue to higher prices on the raw materials markets, Germany’s largest waste company Remondis has done significantly more business. As the company from Lünen in North Rhine-Westphalia announced on request, annual sales in 2021 were 11.5 billion euros and thus significantly higher than a year earlier, when the figure was around 8.2 billion euros.
The management did not announce the profit. The family business justified the strong growth with the higher prices that were achieved, for example for plastic granules or for scrap metal. Remondis has been on a buying spree for a long time, but there were no major acquisitions last year.
The company is active in all stages of waste management. It operates refuse collection, sorting plants, recycling plants and power plants. Competitors include the Berlin company Alba and the company Prezero from the Lidl parent company Schwarz. Remondis produces regranulates from plastic waste, which are sold to industry and used to manufacture new plastic products.
In the last two years, 2000 employees have been added
Remondis also does business with paper, glass, organic waste and cooking fats. Around 40,000 people work for the company, around 2,000 more than in 2020. 1,400 people work at the central location in Lünen with the Lippe Plant.
Remondis’ attempt to take over the Green Dot caused a stir in 2018. This company is a so-called dual system that commissions the collection and recycling of waste and is therefore located at an important interface in waste management.
However, the Federal Cartel Office rejected the project due to concerns about negative consequences for competition. Remondis then switched and bought another, smaller dual system, with which it is now once again active in the niche market of waste management.
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