Suez is a prominent multinational company, which acts within the ranges water, gas, electricity and refuse economy.
The today's French-Belgian company is one of the oldest continuously existing multinational enterprises of the world: One of its historical roots is more ter begunstiging van de volksvlijt the establishment of the Algemeene Nederland Maatschappij by the Netherlands king William I. 1822.
A further root is you canal maritime de Suez universal of Ferdinand de Lesseps 1858 created Compagnie for the building and enterprise of the Suez channel. The channel was inaugurated 1869. 1956 nationalized Gamal Abdel of wet the channel and compensated the society. After the British-French attempt failed politically to recover militarily the Suez channel (Suez crisis), 1958 the enterprise in Compagnie de Suez were renamed and concentrated on a multiplicity of participation and investments in different economic industries. 1959 created it the Banque de la Compagnie de Suez, which et 1966 in Banque de Suez de l' union of the mines was renamed. 1974 fused the Banque de Suez with the Banque de l' Indochine to the Banque Indosuez. After the choice victory Mitterrands 1982 was put under state control the Compagnie de Suez, but already denationalized 1987. 1989 took over Suez the steeped in tradition bank Gnrale de Belgique to confound (with the French bank Gnrale!), the largest Belgian clearing bank, which has industrial getting thing with widely distributed participation. 1990 received the enterprise to the name Compagnie de Suez. 1997 fused this enterprise with the prominent French water servicer Lyonnaise of the Eaux, with which it was involved since 1967 already under the new name Suez Lyonnaise eaux, which was changed again 2001 in Suez. This happened with the avowed intention of becoming in the near future at the world-wide largest supply enterprise.
Due to the enormous success of the Compagnie of the Eaux created by the French bank Gnrale created their competitor, that et Lyonnais 1880 the Lyonnaise of the Eaux under the name La Lyonnaise eaux de l' (= the Lyoner for water and lighting). During the first half 20. Century this enterprise had developed water, gas and electricity as an important servicer in the area in France. Also in North Africa (Morocco, Tunesien), Central Africa (Togo, the Congo) and in the Pacific (new Kaledonien) developed Lyonnais activities. With the nationalization of gas (Gaz de France) and electricity de France) in France 1946 the enterprise changed for its names in Lyonnaise eaux and strengthened its position in the area of the water supply 1972 by the acquisition of It extended its business activities on that sectors heating and funeral services.
In the 1980er and 1990er years Lyonnaise of the Eaux grew to Great Britain, Spain and into the USA. Lyonnaise of the Eaux on the sector of audiovisual communication engaged itself last and created 1986 the cable television company Lyonnaise communications. 1987 took over the enterprise a participation in the private television channel Tlvision (M6). 1990 fused Lyonnaise with DUMEZ, repelled 1996 all participation within the funeral range and acquired 16 further troughings, with which Lyonnaise grew to the largest French cable television company.
2004 existed the main activities of Suez in the power supply (Tractebel), the water supply (Ondeo, Lyonnaise eaux, and in the real estate agency (SITA).
Suez is one the owner of Aguas Argentinas, the enterprise, which developed from the privatisation of the Obras Sanitarias de la As an agent for the potable water supply to him one accuses, does not repeat contracts not to have kept, which let it acquire the largest uniform concession of the world: One estimates that the realized infrastructure investments do not even reach half of its, which were not agreed upon in the plan to the improvement and expansion and therefore 88% of the waste water of Buenos Aires adequate treatment experienced.
Before the background of the development Vivendi universal, Suez explained its former competitor in the water and medium sector, in January 2003 its intention of separating from its medium possession to. This began already 2002 with the sales of its portions of TPS and concretized themselves 2004 with the retreat with Paris the Groupe M6 and with Noos.
For " 11.2 billion Suez with a portion of 49,9% in the Belgian power supplier Electrabel took part.
In order to repel the assumption hostile takeover of the Italian power supplier ENEL, the French prime minister Dominique de Villepin communicated the fusion of Suez with Gaz de France on 25 February 2006, whereby the new company becomes the world largest enterprise in the area for liquefied natural gas.
The enterprise is led since July 1995 by Mestrallet. 2004 obtained it a tidy profit of US$ 55.2 millions and employed 160,000 coworkers.
Suez is noted at the euro NEXT stock exchanges in Brussels and Paris as well as at the New York stick Exchange and in Zurich and Luxembourg. Suez is represented in the French stock price averages CAC 40 and the European index euro Stoxx 50.
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