What is suez?

Suez was a multinational company based in France, which operated water, waste management, energy and for a short time telecommunications projects around the world. In 2008, it merged with the French company Gaz de France and created GDF Suez, an energy company. The components for the processing of waste and the water components of the former company were overturned into a new multinational company called Suez Environnement.

The long and complex history of this society began in the Netherlands in 1822 and included merger and disintegration with several companies. The name Suez came from his participation in the construction of the Suez Canal in the mid -18th century. After joining the company as Vice President in 1984, Gérard Mestrallet raised to become chairman and CEO (CEO) in 2001. He held this position when he became a merger with Gaz de France, then became the CEO of Suez Environnement.

controversial FUfrom

In France, there was a significant controversy over the merger of these two companies, because the state previously had the proportion of GAZ de France ownership. When the plan was first announced in February 2006, the French Prime Minister Dominique de Villepin and President Nicolas Sarkozy were contrary to the merger, while Villepin supported it and Sarkozy supported an agreement that would allow France to maintain a control share. When Villepin and Sarkozy reached an agreement on the release of the agreement, the left -wing opposition throughout the country continued the objections to privatize GAZ de France to increase the price of fear. However, the plans continued despite criticism and French laws and GAZ de France shares were restructured so that the agreement could conclude. On July 22, 2008, both companies officially merged into the creation of GDF Suez, which became the second largest company in the world.

Thedivize of the water and the waste of the former company has become Suez Environnement, whose GDF Suez owns a significant share. These divisions had their beginnings with LASociété Lyonnaise des Eaux et de l'Eclairage, who managed to supply water in France in Cannes, France, starting in 1880. and collection, treatment, recycling, energy recovery, burning and waste landfill. Suez Environment has several subsidiaries, including United Water, Ondeo, Degremont, Sita and Payge.

Reply to critics

As one of the largest water companies in the world, Suez got under fire from critics of water privatization around the world. The company has suffered several public relations injuries due to debacles with water privatization, especially the scandal of corruption in Grenoble, France; Loss of his contract with Atlanta in Georgia, The US; and contractual negotiations in the Philippines. Anti-privatizing activists and non-governmental organizations such as Food and Water Watch claimed that the society had used the poor, overcrowded its customers, and did not bring some of its contractual obligations. Suez claims to confirm his contracts, improved the availability and quality of water in his contractsareas and had much more success than failure with their water contracts.

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