Employee involvement in companies under the European Company Statute (ECS): Fresenius SE

Schütze, Kim

Panoramica

Caso di studio

Employee involvement in companies under the European Company Statute (ECS): Fresenius SE

Pubblicato: 20 October 2011

Kim Schütze

Rappresentanza dei dipendenti

Partecipazione al lavoro

Relazioni industriali

Fresenius was one of the first German companies with a two-tier corporate governance structure to become a European company in July 2007. The actors involved in the negotiation process worked under the impression to accomplish pioneer work. Both the management and the employee side representatives have assessed the Fresenius SE agreement as very positive and have personally earned positive feedback for the outcome. The example of Fresenius’ conversion into an SE shows a multilayer process of Europeanisation.

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Numero di pagine

16

N. di riferimento

EF10789

Rapporto di ricerca

8 March 2011

Employee involvement in companies under the European Company Statute

The European Company Statute (SE) is based on the Council Regulation on the Statute for a European Company (2157/2001/EC) and on the Directive supplementing the Statute for a European Company with regard to the involvement of employees (2001/86/EC). It is one of the most important pieces of company legislation published so far by the European Union. Adopted in 2001, it has since October 2004 made it possible for companies operating in more than one EU Member State to reorganise their cross-border business under a single European label. This enables them to work under the umbrella of a single legal framework, thereby reducing the internal costs of operating in several countries. Employee involvement, including participation rights at board level, is the focus of this research report.