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BASF: agreement on workers’ involvement in the future European Company

After several months of negotiation (see our article No. 070584), the German group’s management and the special negotiations’ body (SNB), which gathers the company’’s staff representatives, signed an agreement on staff representation in the new legal structure. Thus, BASF AG has overcome the last obstacle to its transformation into an SE which will formally be over at the beginning of 2008. (Ref. 070965)

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