Severočeská vodárenská společnost is a joint stock company, which has been operating in the sphere of construction and administration of the water management infrastructure since 1993. It is the biggest water management company in Bohemia as well as in the Central European region. Its operations cover the Ústí Region and a substantial part of the Liberec region. The total area its operations cover amounts to 6,930km2, which is 9% of the territory of the country with 1.140 million inhabitants.
All shares are held 458 North Bohemian towns and municipalities. Establishing this large regional water management assets owning company enabled us, from the very beginning, to rationally and quickly resolve serious environmental problems in the region, and it has significantly helped small municipalities, which were not able to finance the implementation and development of the water management infrastructure.
Severočeská vodárenská společnost, on behalf of its shareholders, assumes responsibility for drinking water supply for inhabitants and for the collection and disposal of urban wastewater. The operation of water management assets owned by the Severočeská Vodárenská Společnost company has been entrusted, on the basis of a long-term contract, to the operating company – Severočeské vodovody a kanalizace, a.s.
The existence of a strong water management company obtained entirely new dimensions in connection with the entry of the Czech Republic to the European Union, where, in the framework of the transitional period lasting to the end of the year 2010, it is necessary to extend and modernise the water management infrastructure, which must satisfy EU standards and new Czech standards valid after the year 2010. Preparation and implementation of extensive projects aimed at the fulfilment of these tasks require demanding professional preparation and the concentration of large volumes of investment financial means by the water management company, though the projects receive financial support from the EU and national funds.
All the activities of the Severočeská Vodárenská Společnost company are from the very beginning governed by the following four basic principles:
- Employing a unified price of water with solidarity aspects for the whole region
- Maintaining a socially acceptable price of water
- Using rational enterprising methods in the company management
- Investing profit into the renewal and extension of the company assets