Employee involvement in companies under the European Company Statute (ECS): Elcoteq SE
Elcoteq is a global contract manufacturer of electronic equipment headquartered in Luxembourg. While the origins of the company are in Finland where Elcoteq was founded in 1984, the established production sites in European as well as non-European countries. Until 2008 the European centre of the company was based in Pecs/Hungary before it was relocated to Luxembourg in 2008. The conversion of the company into an SE was announced already in 2004 and came into effect in 2005.