Translations

NEO-ECO RECYCLING develops inter-company cooperation and solidarity

1. Organizational Governance

Strategy and organization

Sector Other

Year 2014

Country France

Transmitter

Context

Neo-Eco Recycling is an environmental engineering company located in Haubourdin (Nord département) and employing 10 people. Created in 2008, this human-sized SME designs and produces processes for the management and recovery of various types of waste: green waste, mineral waste (rubble, deconstruction materials) and industrial waste. Neo-Eco is behind several autonomous entities forming an ecosystem of complementary companies (40 employees in total on the same site). This cluster of companies makes it possible to incorporate cooperation between the various entities in each project.

Objectives

Be the shareholder of several companies and/or appoint managers to partner companies
Create local jobs and build up the loyalty of regional engineers
Encourage cooperation between the various entities
Have a return on the companies’ strategy and discuss common projects

APPROACH

The essence of Neo-Eco lies in the design of waste recovery projects. In order to do this, the company has chosen to specialise in the creation of circular economy loops on its territory, that is to say, to give waste a second life by working with various local experts and partners.

Neo-Eco has created a cluster of companies that have an activity that is complementary to its own, which enables it to decentralise the skills. Therefore, each partner company is an expert in its field, with the aim of improving the quality of the projects developed. These companies are all located on the same site at Haubourdin and function as a network in order to encourage full cooperation between the stakeholders in each project.

Neo-Eco has become the shareholder of several of those partner SMEs by supporting their creation. The monthly accompaniment of the entrepreneurs enables Neo-Eco to have a return on their strategy and to discuss the network’s projects.

Neo-Eco’s approach makes it possible to relocate the economy and boost the employment area. Since 2008, dozens of positions held by regional engineers have been created over the entire cluster of companies.

CONTRIBUTION TO COMPANY PERFORMANCE

Winner of the “Stratégie d’Entreprise” (literally, Company Strategy) award in 2012
Sales x 2.5 between 2011 and 2012
High employee loyalty rate
4% of the payroll devoted to the training plan

Benefits

Territorial rootedness and development of local employment
40 jobs created in 6 years over all partner companies
Lasting partnership with the complementary companies