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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 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 {Link without Title} . HISTORY SUEZ is one of the oldest continuously existing multinational corporations in the world, with one line of corporate history dating back to the . 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 annouced a merger with Gaz de France CORPORATE GOVERNANCE Current members of the , 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 . MAJOR SUBSIDIARIES
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