The company has factories as well as commercial subsidiaries in France, Germany, UK, Italy, India, Morocco and China, and over 750 employees around the world.
“I am very enthusiastic about the dynamism of the Nigerian economy. Lagos is incredibly a big city, though with a lot of traffic. Even though I knew Nigeria was a very big country, I didn’t measure the size until I arrived here,” he said. “What I saw is different from the image of Nigeria that is painted out there in developed climes. We may have an image of Nigeria of the past but not of the modern Nigeria. I was very impressed with the real estate development, oil and gas with shipyards particularly on the Island. I’m also impressed with the technical engineers that the country has.
It was founded in 1964, in Laval, France by Guy Yves Stephany with the purpose of manufacturing autotransformers on behalf of EDF, following its decision to change the electrical voltage in the western part of France from 110V to 230V. He noted that between 1997 and 2001, after the acquisition, significant investments were quickly made to modernize the historical French factory. Simultaneously, the management decided to expand the transformer-based welding machines range with the manufacturing of GYS first inverter electrode welding machine.
Yeah, we all know. But one problem that I keep having with you foreign investors is that, you will keep servicing government agencies while suffering our people that work for you in most capacities.