Business Legacy from Egypt in Europe

Egypt is in the news and this may remind us at least one company with historic ties to that country: GDF Suez.

Suez was a French multinational corporation, operating in the fields of waste management, energy supply through the manipulation of electricity and natural gas, and water treatment/purification. It was a result of the business merger between the Compagnie financière de Suez, the french corporation that built the Suez Canal, and Lyonnaise des Eaux, a leading French water company. In 2001, the water and waste assets of Suez were developed into a separate company, Suez Environment. In July 2008, Suez Lyonnaise des Eaux became GDF Suez, after a corporate merger with the french utilities corporation Gaz de France. The company Suez does not exist as such anymore, but it continues its operations through its two main corporate ramifications: Suez Environmental and GDF Suez. To this day, it is reported as the world's second largest utilities company in the world, as it employs over 260,000 workers worlwide, and in 2007 reported revenues of over $130 billion USD... (sourceWatch)