# SECURITIES
  AND EXCHANGE COMMISSION 
  Washington, D.C. 20549

# FORM 6-K

# REPORT OF
  FOREIGN PRIVATE ISSUER
  PURSUANT TO RULES 13a-16 OR 15d-16 OF
  THE SECURITIES EXCHANGE ACT OF 1934

July 30 , 2004

VEOLIA
  ENVIRONNEMENT
(Exact name of registrant as specified in its charter)


36-38, avenue
  Kléber
  75116 Paris, France
  (Address of principal executive offices)

|(Indicate
        by check mark whether the registrant files or will file annual reports
        under cover Form 20-F or Form 40-F.)
|-------------------------------------------------------------------------------------------------------------------------------------

Form 20-F X       Form 40-F

|(Indicate by check
      mark if the registrant is submitting the Form 6-K in paper as permitted
      by Regulation S-T Rule 101(b)(1)):____
|---------------------------------------------------------------------------------------------------------------------------------------------

|(Indicate
      by check mark if the registrant is submitting the Form 6-K in paper as permitted
      by Regulation S-T Rule 101(b)(7)):____
|---------------------------------------------------------------------------------------------------------------------------------------------

|(Indicate
      by check mark whether the registrant by furnishing the information contained
      in this Form is also thereby furnishing the information to the Commission
      pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Yes      No X

|(If Yes is marked, indicate below the file number assigned to the registrant in
      connection with Rule 12g3-2(b): 82-_______________.
|-------------------------------------------------------------------------------------------------------------------------------------------

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JULY30, 2004

PRESS RELEASE(unaudited data according to French GAAP)



Revenue from businesses under Veolia Environnement's new consolidation 
scope(1)increased to € 13.5 billion
in the first half of 2004, up 3.7% at constant 
exchange rates

___________________



|                    |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|------------------- |  | ---------- |  | ---------- |  | ------ |  |  | -------- |  |  | -------- |  |  | ------------ | 
|VEOLIAENVIRONNEMENT |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|                   
|                    |  | Six months |  | Six months |  | %      |  |  | Internal |  |  | External |  |  | Impact of    | 
|Consolidated        |  | ended      |  | ended      |  | change |  |  | growth   |  |  | growth   |  |  | exchange     | 
|revenue             |  | June 30,   |  | June 30,   |  |        |  |  |          |  |  |          |  |  | rate         | 
|                    |  | 2004       |  | 2003       |  |        |  |  |          |  |  |          |  |  | fluctuations | 
|                    |  | (€ m)      |  | (€ m)      |  |        |  |  |          |  |  |          |  |  |              | 
|                   
|Businesses under    |  | 13,507     |  | 13,143     |  | 2.8%   |  |  | 3.5%     |  |  | 0.2%     |  |  | -0.9%        | 
|new consolidation   |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|scope               |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|                   
|                   
|North American      |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|businesses sold     |  | 736        |  | 905        |  | -18.7% |  |  |          |  |  |          |  |  |              | 
|during 2003 or in   |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|the process of      |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|being sold          |  |            |  |            |  |        |  |  |          |  |  |          |  |  |              | 
|                    |  |            |  |            |  |        |  |  |         
|                   
|Consolidated total  |  | 14,243     |  | 14,048     |  | 1.4%   |  |  |          |  |  |          |  |  |              | 
|                    |  |            |  |            |  |        |  |  |         

Veolia Environnement's consolidated revenue totaled €14.243 billion compared with €14.048 billion during the first half of 2003.

Revenue from businesses under Veolia Environnement's new consolidation scope came to €13.507 billion, up 2.8%, and an increase of 3.7% at constant exchange rates. The negative impact of exchange rate fluctuations
(€123 million) was attributable primarily to the variation in the US dollar (i.e. negative impact of €100 million, with the average rate of the US dollar to the euro at $1.2221       for the six months ended June 30, 2004 from $1.11455    for the
six months ended June 30, 2003). Businesses under Veolia Environnement's new consolidation scope posted internal growth of 3.5% . Excluding the impact of the (rail and bus) transportation activities discontinued in the UK, internal growth was 6%.

The revenue posted by businesses under Veolia Environnement's new consolidation scope outside France totaled €6.929 billion, representing 51.3% of the total.

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|              |  |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|------------- |  |  | ------------- |  | -------- |  |  | -------- |  |  | -------- |  |  | ------------ | 
|WATER (1)     |  |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|              |  |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|Six months    |  |  | Six months    |  | % change |  |  | Internal |  |  | External |  |  | Impact of    | 
|ended         |  |  | ended         |  |          |  |  | growth   |  |  | growth   |  |  | exchange     | 
|June 30, 2004 |  |  | June 30, 2003 |  |          |  |  |          |  |  |          |  |  | rate         | 
|(€ m)         |  |  | (€ m)         |  |          |  |  |          |  |  |          |  |  | fluctuations | 
|              |  |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|4,634         |  |  | 4,592         |  | 0.9
%    |  |  | 2.2%     |  |  | -0.4%    |  |  | -0.9%        | 
|              |  |  |               |  |          |  |  |          |  |  |          |  |  |              | 

| | In France, internal growth came to 1.8% and benefited from the sustained level of the design-build and distribution activities. This increase was driven by a combination of two opposite factors:                                                                                                             
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | -                                                                                                                                                                                                                                                                                                              
| | -                                                                                                                                                                                                                                                                                                              
| | The international activities (excluding Veolia Water Systems) posted further revenue growth, with internal growth of 8.5% . They were boosted by a very favorable performance in the rest of Europe and the ramp-up in contracts won in Asia. The activities retained in the United States also performed well.
| | Revenue at Veolia Water Systems decreased 9.8% on a similar scope basis and at constant exchange rates during the first half of 2004, reflecting the continued and effective implementation of a more selective approach to contracts since 2003.                                                              

|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|------------- |  | ------------- |  | -------- |  |  | -------- |  |  | -------- |  |  | ------------ | 
|WASTE         |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|Six months    |  | Six months    |  | % change |  |  | Internal |  |  | External |  |  | Impact of    | 
|ended         |  | ended         |  |          |  |  | growth   |  |  | growth   |  |  | exchange     | 
|June 30, 2004 |  | June 30, 2003 |  |          |  |  |          |  |  |          |  |  | rate         | 
|(€ m)         |  | (€ m)         |  |          |  |  |          |  |  |          |  |  | fluctuations | 
|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|3,050         |  | 2,914         |  | 4.6%     |  |  | 6.6%     |  |  | 0.2%     |  |  | -2.2%        | 
|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 

| | The Waste division posted a good overall performance both inside and outside France.                                                                                                                                                                                                                                                                                                                               
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Internal revenue growth came to 5.6% in France thanks to a solid performance of all the division's activities, including waste collection, sorting and incineration.                                                                                                                                                                                                                                               
| | Internal revenue outside France grew 7.9% (7.5% including Proactiva). Growth was sustained in Northern Europe, where it exceeded 9%. In the United States, the solid waste and industrial services business continued to perform well. Businesses in the Asia Pacific area again enjoyed very satisfactory volumes, especially in Hong Kong. Business in Australia was boosted by the recovery in tonnages treated.

|                |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|--------------- |  | ------------- |  | -------- |  |  | -------- |  |  | -------- |  |  | ------------ | 
|ENERGY SERVICES |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|                |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|Six months      |  | Six months    |  | % change |  |  | Internal |  |  | External |  |  | Impact of    | 
|ended           |  | ended         |  |          |  |  | growth   |  |  | growth   |  |  | exchange     | 
|June 30, 2004   |  | June 30, 2003 |  |          |  |  |          |  |  |          |  |  | rate         | 
|(€ m)           |  | (€ m)         |  |          |  |  |          |  |  |          |  |  | fluctuations | 
|                |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|2,553           |  | 2,388         |  | 6.9%     |  |  | 5.9%     |  |  | 1.2%     |  |  | -0.2%        | 
|                |  |               |  |          |  |  |          |  |  |          |  |  |              | 

Energy services recorded internal growth of 5.9%, which was attributable to the following factors:

| | Revenue growth in France came to 4.1% due to good commercial developments that outweighed the negative impact of lower gas prices on Dalkia's prices for certain services.
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Growth outside France (9.0%) was very brisk in Southern Europe and in the UK due to strong business growth.                                                               

|(1) | Excluding the North American businesses sold during 2003 (Surface Preparation and Everpure) or in the process of being sold (Culligan, equipment and short-term services).
|--- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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|               |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|-------------- |  | ------------- |  | -------- |  |  | -------- |  |  | -------- |  |  | ------------ | 
|TRANSPORTATION |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|               |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|Six months     |  | Six months    |  | % change |  |  | Internal |  |  | External |  |  | Impact of    | 
|ended          |  | ended         |  |          |  |  | growth   |  |  | growth   |  |  | exchange     | 
|June 30, 2004  |  | June 30, 2003 |  |          |  |  |          |  |  |          |  |  | rate         | 
|(€ m)          |  | (€ m)         |  |          |  |  |          |  |  |          |  |  | fluctuations | 
|               |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|1,782          |  | 1,821         |  | -2.1%    |  |  | -1.8%    |  |  | 0.2%     |  |  | -0.5%        | 
|               |  |               |  |          |  |  |          |  |  |          |  |  |              | 

| | The 2.1% decrease in revenue was attributable to the discontinuation of rail and bus operations in the UK. Excluding the impact of these discontinued activities, internal growth came to 18.2%, including 8.1% in France coming from business expansion and 26.9% outside France. Connex benefited in particular from the full impact of the Boston contract, the ones won in Germany and Sweden, and the renewal and extension of the Melbourne contract in Australia.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|------------- |  | ------------- |  | -------- |  |  | -------- |  |  | -------- |  |  | ------------ | 
|FCC(*)        |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|Six months    |  | Six months    |  | % change |  |  | Internal |  |  | External |  |  | Impact of    | 
|ended         |  | ended         |  |          |  |  | growth   |  |  | growth   |  |  | exchange     | 
|June 30, 2004 |  | June 30, 2003 |  |          |  |  |          |  |  |          |  |  | rate         | 
|(€ m)         |  | (€ m)         |  |          |  |  |          |  |  |          |  |  | fluctuations | 
|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 
|1,489         |  | 1,429         |  | 4.2%     |  |  | 4.4%     |  |  | 0.1%     |  |  | -0.3%        | 
|              |  |               |  |          |  |  |          |  |  |          |  |  |              | 

Organic growth of 4.4% was driven by urban services and environmental services.

A definitive agreement for the sale of Veolia Environnement's stake in B 1998 having been signed on July 29, 2004, FCC will remain proportionally consolidated until June 30, 2004



This revenue growth, which was in line with the company's expectations for the year, supports its stated outlook of an improvement in performance, which will be supported by the maturity of contracts and the initial
positive effects from the efficiency plan implemented at the end of 2003.



***A******DETAILED BREAKDOWN OFVEOLIAENVIRONNEMENT'S RESULTS FOR THE FIRST
HALF OF2004WILL******BE PUBLISHED ONSEPTEMBER17, 2004***

*Analyst and institutional investor contact: Nathalie Pinon +33 1 71 75 01 67*

*US Investor contact: Brian Sullivan +(1) 941 362 24 35*

*Press
release also available on our web site: http//veoliaenvironnement-finance.com*

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SIGNATURES

Pursuant
  to the requirements of the Securities Exchange Act of 1934, the registrant has
  duly caused this report to be signed on its behalf by the undersigned, thereunto
  duly authorized.

Dated: July 30,
  2004

| | VEOLIA
      ENVIRONNEMENT                                                                                 
| | -----------------------------------------------------------------------------------------------------------
| | By: /s/ Henri Proglio
            Name: Henri Proglio
            Title: Chairman & Chief Executive Officer
| |