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