16 May 2007
Staff and management representatives involved in the Scor group’s three special negotiation body came to result that could inspire others companies. One the one hand, because it is the first European company created under the French law. On the other hand, they adopted, on May 14, three agreements setting up a staff representation body common to all three European companies. The agreements are about to be signed. This article explains the method, and a future dispatch will be specifically dedicated to the...
19 April 2007
Following its takeover of Volkswagen, the luxury car manufacturer announced that it wanted to try to transform into an EC, through the creation of a holding company. Even though the measure will only have an impact – in the first time at least – on Porsche, the latter will have control of Volkswagen. The consequences on employees’ representation in both companies are not certain yet. (Ref. 070361)
11 December 2006
Registered as a European company, on October 12th, 2004, Strabag, the Austrian and European construction firm, finally concluded an agreement on workers’ representation in May 2006. Broadly inspired by the Austrian joint management system, the latter will have to be adapted as soon as certain juridical problems linked to the restructuring of the German branch and its incorporation in the group will be solved. (Ref. 061243)
30 November 2006
MAN Diesel, a world leader in diesel engines, chose to maintain the existing dual structure. The firm’s head office remains in Augsburg. The directorate is supervised by a board of directors composed of 12 members reduced to 10 in the European company so as to facilitate “decision-making and effectiveness”. The principle of equal representation is preserved. The five workers’...
25 October 2006
The German insurance group Allianz, which announced its transformation into a European company, concluded an agreement on the involvement of workers in the European company (see article n°06938). Six salaried managers will be represented at the supervisory board which contains 12 members in total. Here are the details of the agreement. (Ref. 061073)
25 September 2006
In the future, employees will be represented at the European level within two authorities:
6 July 2006
Scor announced, on July 4, the purchasing of the German reinsurer Revios for more than 650 million euros and its transformation into three European companies. Scor is the first French listed company to become a European company. (Ref. 06691)