JCDecaux
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| JCDecaux Group | |
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| Type | Public (Euronext: DEC) |
| Founded | 1964 |
| Headquarters | Neuilly-sur-Seine, France |
| Key people | Jean-Claude Decaux, founder |
| Industry | Advertising |
| Revenue | ▲ €2,106 million (2007) |
| Net income | ▲ € 221 million (2007) |
| Employees | 8900 (2008) |
| Website | JCDecaux.com |
JCDecaux Group (Euronext: DEC) (pronounced [ʒisedəˈko][citation needed]) is a multinational corporation based in Neuilly-sur-Seine, France, that is active primarily in advertising.
[edit] Overview
JCDecaux is the second largest outdoor advertising corporation in the world, after Clear Channel Outdoor. It is especially well known for its bus-stop advertising systems, billboards, bicycles (in France), and street furniture. The company was founded in 1964 in Lyon, France by Jean-Claude Decaux. Over the years it has expanded aggressively, partly through acquisitions of smaller advertising companies in several countries. It currently operates in more than 54 countries, 141 airports and has approximately 8900 employees; its advertising reaches 175 million people every day. Its headquarters are located in Neuilly-sur-Seine, a suburb of Paris, France.
The company has also pioneered the modern Sanisette public toilet.
The few criminal matters which have arisen in the history of the company have resulted in reversal on appeal or rehabilitation and expungement of the criminal record. Jean-Claude Decaux, one of the principal shareholders of the company and chairman, was fined FF100,000 (£10,000) in 2000 in Bordeaux. The Bordeaux case has nothing to do with any scandal or corruption. Instead in Bordeaux a company of the JCDecaux group won a contract as a result of a tender process that was later found not to be adapted to the specific needs of the local government; there was no allegation of corruption or the unlawful exchange of anything of value. As far back as 1992 the Mayor of Liege (Belgium) was convicted after receiving millions of Francs in order to put contracts the companies way. Jean-Claude Decaux received a year supended sentence for his role, but such sentence was definitely expunged by the Belgian Supreme Court in 1996. The Belgian manager of JCDecaux was convicted in June 1999 in relation to the actions of a lobbyist in the Antwerp region, but his conviction was reversed on appeal in 2000. In 2004, the company was fined by the French Competition Council 700 000 Euros for abuse of a dominant position in the French city of Rennes. In 2006, a former employee of a subsidiary pled guilty to defrauding JCDecaux in Philadelphia. In 2007, ATP, the company that operated the advertising in the Brussels airport since 1965, accused JCDecaux of corruption as JCDecaux, its competitor, was awarded the advertising contract with Brussels Airport instead of ATP. As such accusation was not substantiated, no legal proceedings were initiated. Whereas the UK arm of JCDecaux (JCDecaux UK) has been prosecuted several times for the criminal offence of the display of advertisements without consent under the Town and country planning act in the United Kingdom. [1]. [2] [3] [4]
[edit] External links
- JCDecaux.com - official site
- JCDecaux Airport UK - official site for BAA advertising
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