JCDecaux (Euronext Paris: DEC), one of the world’s leading outdoor advertising groups and No 1 in Europe, is delighted with yesterday’s decision by the Olympic Committee in Prague – where JCDecaux has the street furniture contract - to award the 2010 Winter Olympic Games to the City of Vancouver. In 2002 the City of Vancouver awarded JCDecaux, in partnership with Viacom, a 20 year street furniture contract. Installation of the new street furniture began last week.
Jean-François Decaux, Chairman of the Executive Board and Co-Chief Executive said, "I would like to congratulate Vancouver on having won the 2010 Winter Olympics. I am convinced that our street furniture will contribute to improving the urban landscape and enhancing the services offered to both the local population and very large number of tourists who will visit the city – just as it did in Sydney in 2000. In Canada, we chose Vancouver as a showcase for our street furniture, this decision by the Olympic Committee confirms the strength of our growth strategy in North America."