Home » Industrial relations » Transnational industrial relations » Porsche: the car manufacturer adopted the status of European Company Porsche: the car manufacturer adopted the status of European Company During an extraordinary general assembly on June 26, 2007 in Stuttgart, the luxury German car manufacturer Porsche AG's shareholders gave the green light to the transformation of the company into a European Company (EC) through the creation of a holding company. That same day, the group's management and works council announced that they concluded an agreement on staff representation in the future EC. (Ref. 070573) Through . Published on 27 June 2007 Ă 18h11 - Update on 27 June 2007 Ă 18h11 Resources “June 26 marks a nick in Porsche’s history, high in traditions”, Wendelin Wiedeking, president of the car manufacturer’s board of executive launched to the approximately 1.500 shareholders present in Stuttgart. In the future, Porsche will be headed by a holding company, which will also aggregate the 31% Porsche holds at Volkswagen (see our story 70361). Granted the judicial EC status, this company will be named “Porsche Automobil Holding EC” and will have its headquarters in Stuttgart.… European company Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialitĂ©.CommentsThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels