SUEZ
SUEZ (, ) is a leading
French-based
multinational corporation, with operations primarily in
water,
electricity and
natural gas supply, and
waste management. It is the result of a
1997 merger between the
Compagnie de Suez and
Lyonnaise des Eaux, a leading French water company. In the early 2000s SUEZ owned some media and
telecoms assets, but was in the process of disposing these.
According to the industry bible
Masons Water Yearbook 2004/5, SUEZ serves 117.4 million people around the world with water. On
February 25,
2006, French Prime minister
Dominique de Villepin announced the merge of Suez and
Gaz de France, which would make the first world
liquefied natural gas company[
1]. The
revenue of GDF is about 22.4 billions euros in 2005, compared to 41.5 billions for Suez. Henceforth, the state would automatically control only 34% of the capital of the new group, thus explaining, along with the risks of
downsizing, the opposition of the
CGT trade-union, pointing out a "disguised
privatization" beneath the merger [
2].
SUEZ is one of the oldest continuously existing multinational corporations in the world, with one line of corporate history dating back to the
1822 founding of the
Algemeene Nederlandsche Maatschappij ter begunstiging van de volksvlijt (literally: General Dutch Company for the favouring of industry) by King
William I of the Netherlands (see
Société Générale de Belgique). Its current form is the result of nearly two centuries of reorganisation and corporate mergers. Its current name comes from the involvement of one of its several founding entities - the
Compagnie universelle du canal maritime de Suez - in building the
Suez Canal in the mid-
19th century.Beginning of 2006, Suez announced a merger with Gaz de France
Current members of the
board of directors of SUEZ are:
Edmond Alphandery,
Antonio Brufau,
René Carron,
Gerhard Cromme,
Etienne Davignon,
Paul Desmarais, Jr.,
Richard Goblet D'Alviella,
Jacques Lagarde,
Anne Lauvergeon,
Gérard Mestrallet,
Jean Peyrelevade,
Thierry de Rudder,
Jean-Jacques Salane, and
Lord Simon of Highbury.
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SUEZ Energy International — energy
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SUEZ Environment — water and waste
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SITA — waste management
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Degremont — Water & WasteWater treatment engineering
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Electrabel — electricity in Europe (first in Belgium)
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Distrigas — gas in Europe
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ELIA — high tension electricity grid operator in Belgium (TSO)
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Fluxys — high pressure gas grid operator in Belgium
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United Water — water in the United States
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Elyo Services Ltd. — Building services / facilities management in the UK
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SUEZ website*
SUEZ Environment - water/waste*
Yahoo! - SUEZ Environnement Company Profile*
Tractebel website*
Suez Energy Summary and analysis
