Turns out @eneroth3 is more likely right (@Anssi mentioned it too, actually)
First, notice the axes in the original post – I realize that @stelios_m could have moved the geometry to the origin, but from my further investigation, I think the units was more likely the problem. In the first screenshot I imported as millimeters, and got very similar results to original post:
Then I imported with larger units, but ticked preserve model origin
, and there was no issue.