SUEZ Signs a Two-year Agreement for Eutilia e-Sourcing Services

Eutilia, the leading pan-European marketplace for the Utility sector, bringing suppliers and buyers together online, announced today that SUEZ Group has selected Eutilia’s technology and services to support its e-Sourcing initiatives in Europe for the next 2 years.

(PRWEB) February 13, 2005 -- By using Eutilia’s “Sourcing Optimisation Services”, SUEZ aims to develop the usage of e-Sourcing within its entire buying organisation. The two-years agreement signed with Eutilia will enable SUEZ and its European and Northern African affiliated entities to benefit from Eutilia’s support services and from eSourceTM, its e-tendering and e-auction platform. SUEZ will also improve its “Sourcing and Call for competition” process by using Eutilia’s supplier commercial assessment (SCA) service. SCA service provides a buyer with all information required from suppliers to pre-qualify them and select the ones to invite (or not) to tender.

Jean-Philippe Massin, CEO of Eutilia, said: “Suez was looking for a technology partner able to provide buyers with technical and tactical assistance for running their first projects online and acquiring knowledge enough in order to execute electronic reverse-auctions and tenders on their own afterwards. Suez has selected Eutilia for her experience track record since 2001, her approach with buyers and sellers and thanks to Electrabel full satisfaction about us. It’s a privilege to have acquired the trust of this international and demanding Group”.

About Eutilia ( www.eutilia.com )
Eutilia is the European supply-marketplace for Utility companies (Electricity, Water, Gas, Telecom and Railway). Eutilia is working jointly with buyers and sellers to ensure quicker, deeper and more reliable business relationships.

Founded by Europe’s 11 largest electric utilities, Eutilia is:
- An online meeting point for purchasers and for their international supply base,
- A tool enabling buyers to select right vendors faster,
- A sales and marketing channel for sellers to increase their business with Utilities and to reduce their administrative work.

To date, 1000 buyers from 130 different buying-entities and 7000 suppliers joined Eutilia marketplace, generating €1,0 Billion deal flow online per year through 100's purchasing events.

Eutilia shareholders are EDF, Endesa, Iberdrola, Enel, Electrabel, and Vattenfall.

Headquartered in the Amsterdam area, with offices in Leiden, Eutilia can be reached at Eutilia can be reached at +31 71 53 53 100 or at www.eutilia.com.

About Suez ( www.suez.com )
SUEZ is an international industrial and services Group, active in sustainable development that provides businesses, public authorities and individuals with innovative solutions in Energy and the Environment.

Its business is to imagine, design, implement and operate systems and networks in the fields of electricity, gas, water and waste services.

With 165,000 employees in more than 100 countries, it generated in 2004 revenues of EUR 40.7 billion. SUEZ (SZE) is listed on Euronext Paris and Euronext Brussels, as well as on the Luxembourg, Zurich and New York Stock Exchanges. For more information visit www.suez.com.

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Source :  http://www.prweb.com/releases/2005/2/prweb208039.htm