Main shareholders of Vodakva are the Water Management Association of the West Bohemia Region and the French company SUEZ.
| Water Management Association of West Bohemia Region | 46,79% |  |
| SUEZ | 49,78% |  |
| others | 3,43% |
The Water Management Association of the West Bohemia Region
The Water Management Association of the West Bohemia Region is a voluntary union of 108 municipalities and 2 associations of municipalities from the districts of Karlovy Vary, Tachov, Sokolov, Chomutov, Louny, Rakovník and Kladno. The association was established in 1993. Its key objective is to carry out the management, operation and development of water supply and wastewater treatment systems, which is municipalities‘legal obligation. At the beginning the Association consisted of only municipalities from the Karlovy Vary region and had 40 members. Its apparent economical success and applied system of the infrastructure’s ownership and operation also persuaded municipalities from other regions to join it. The number of its members has more than doubled since year 2000. Nowadays the Association covers a region of approximately 3,000 km2 which includes the regions of Karlovy Vary, Plzeň, Ústí nad Labem and Central Bohemia with 190,000 inhabitants. The total association’s property amounts to 20 billion CZK.
Association principles
Voluntary association of equal municipalities
To become a member of The Water management Association of the West Bohemia Region, the municipality should transfer its water assets to the Association. New members are approved by the General Meeting. The voluntary membership is defined in association’s articles that enable each municipality to leave the Association with its water assets. The General Meeting is the Association’s supreme body, where each municipality has one vote. They vote on water and wastewater rates, investment, plans etc.
Water under public control
By concluding an exclusive lease, the Association transferred the responsibility for running and upgrading existing water and wastewater infrastructure to the operating company Vodárny a kanalizace Karlovy Vary (Vodakva) and became one of its two main shareholders. The other one, international group SUEZ, which is active in water industry for a long time, has concluded a shareholders’ agreement with the Association. This agreement regulates the voting system and states how to share positions in statutory bodies. The Association in cooperation with the worldwide water company SUEZ influence and check the quality of services and supervise the management of Vodakva. The municipalities also check the realization of investments carried out by Vodakva via their membership in public procurement committees.
Operation and investment solidarity
All Association’s revenues coming from the rent paid by Vodakva, dividends from Vodakva´s shares and capital subsidies from different sources are used to finance investments in water and wastewater systems. The total solidarity of Association’s members means that they are not only sharing operation but also investments. This enables them to generate sufficient financial resources to build necessary municipal water and wastewater infrastructure without having a negative impact on municipal budgets. The investment solidarity also supports optimal technical and economical solutions in extending water supply systems and building multi-municipal wastewater networks with wastewater treatment plants. The result is that the total Association´s property has increased from the existing CZK 1.2 billion to 7,6 billion.
SUEZ
In the Czech Republic, the SUEZ Group operates in the water sector in four water companies that supply drinking water and wastewater treatment for more than one million inhabitants of the Czech Republic. In total, these companies employ 1,680 people. SUEZ was the first foreign water company to invest and operate in the water sector in the former Czechoslovakia.
For more than 160 years, SUEZ has been using its expertise to improve quality of life, protect health and promote economic growth. By 2024, the SUEZ Group was present in 40 countries and its 40,000 employees were committed to protecting natural resources, especially water, soil and air.
SUEZ provides innovative and sustainable solutions in water management, waste recovery, remediation of sites burdened by industrial activity, smart solutions for resource management in municipalities and cities, and improving environmental performance in industries. In 2024, the Group provided services consisting of waste collection and disposal, drinking water supply to 57 million people and wastewater collection and treatment to 36 million people. It was able to generate 7.7 TWh of energy from waste and wastewater. The SUEZ Group achieved a turnover of more than EUR 9 billion in 2024.
In the Czech Republic, SUEZ Group is also the majority owner of Anaerobic Power Biogas Benešov a.s. (APBB), based in Pribyšice near Benešov, which focuses on the recovery of biogas from organic waste.