Orpea: Caring for people or profit?
This report examines how Europe's largest operator of retirement homes, the ORPEA Group, has built a real estate empire, through complex and opaque structures, while facing allegations of understaffing and food rationing and sanitary items, all the while receiving public funds.CICTAR worked jointly with the Fédération CFDT Santé-Sociaux and the Fédération Santé Action Sociale CGT to produce this report. Our research reveals the 40 Luxembourg subsidiaries of the Group used to develop a European real estate portfolio. In one case, the beneficiaries of an ORPEA real estate acquisition in France remain hidden behind two front companies in Panama and the British Virgin Islands.
CICTAR, CFDT Santé-Socials and CGT Santé Action Sociale do not accuse ORPEA of having acted illegally. But the three organizations demand an immediate review of ORPEA's finances and operational performance, greater financial transparency and accountability across the sector, particularly with regard to public funds, and guarantees of workers' rights and whistleblower protection for frontline healthcare workers.
We posed a list of questions to ORPEA inviting it to respond to the allegations in this report, but at the time of finalizing this report, the company had not provided us with an answer. If we receive a response from ORPEA, we will publish it here, along with the report.
Media
