se companies - worker participation.eu · all se registrations per year(2004-2017) (n=2923)* 8 21...

SE Companies2017-03-31Anders Carlson

Overview of current state of SE founding in Europe

Update: 31 March 2017 LONDON

Anders CarlsonEuropean Trade Union Institute (Brussels)http://ecdb.worker-participation.eu, www.etui.org

The ETUI is financially supported by the European Union.

Total number of registered European Companies (SEs) by year ofestablishment (2004–Q1 2017) *

6 19 47 121278

434633

983

1512

19742239

2478 26952757

0

500

1000

1500

2000

2500

3000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Q12017

© etui (2017) [email protected] Current state of SE founding 3

* Transformed/deregistered companies are excluded. Data: European Company (SE) Database, http://ecdb.worker-participation.eu (31 March 2017)

Established SEs

2 75731 March 2017

2 695 European Companies (SEs), registered in 27 countries

1 1 1 1 1 2 2 3 4 5 5 5 5 7 8 9 11 1124

2426 30

3542

0 0 0 0 1 1 1 0 2 1 3 4 2 07

2 4 29 11 12 16

24

14 13

90

0

20

40

60

80

100

120

BGDKGR PT FI IT LT ES NO PL LV HU SE MT EE IE BE LI CY AT LU NL FR UK SK DE CZ

Number of SEs per country Number of identified SEs with >5 employees

1898411

232

123

4 Current state of SE founding © etui (2017) [email protected]

(n=451)

Data: European Company (SE) Database, http://ecdb.worker-participation.eu (31 December 2016)

Number of new SE registrations per year (2004-2017) (n=2757)* (n=2234)*

6 12 26 53 65 62 62 74 97 83 75 94 8815

0 0 019

91 93135

273

426377

190145 149

470

100

200

300

400

500

600

Other EEA countries Czech Republic


* 166 SEs have in the meantime been transformed or deregistered (not included).

Data: European Company (SE) Database, http://ecdb.worker-participation.eu (31 March 2017)

All SE registrations per year (2004-2017) (n=2923)*

8 21 38 69 80 79 74 85 128 87 79 97 8815

0 0 019

94 95137

279

440

380

190145 149

47

0

100

200

300

400

500

600

Other EEA countries Czech Republic


* 166 SEs have in the meantime been transformed or deregistered (included).


Transformed/Deleted SE per year of registrations (2004-2016) (n=153)

29 12 16 17 18 13 15

41

5 4 1 005

1015202530354045


Data: European Company (SE) Database, http://ecdb.worker-participation.eu (10 October 2016)

Transformed = 35 Deleted = 118

2800

8

Sectors in which (normal) SEs have been set up (n=454)

Transport2%

Building & Woodwork

4%Chemical

9%

Food, Hotel, Catering

4%Unknown

16%

Metal17%

Services Commerce

13%

Services Finance

15%

Services IBITS 8%

Other services

10% Other 2%

Textile0%

Current state of SE founding © etui (2017) [email protected]


Board structure of SEs (n=2 757)

monistic14%

dualistic82%

unknown4%


Largely path dependent, but with some flexibility. Changes in corporate governance also after SE registration is possible.

MON. DUAL. Not known

CZ 57 1887 1DE 159 194 72AT 15 8 1UK 41 1 -


Forms of foundation (n=2 757)


Unknown8%

Conversion8%

Holding1%

Merger4%

Subsidiary79%


Forms of foundation of (identified) normal SEs (n=454)

11

unknown7%

Conversion35%

Holding2%

Merger16%

Subsidiary40%



CY18

FR99

ES15

UK2325

NO30

SE21

FI11

PL03

CZ8

18SK

43HU

11

IT02

AT4

12DE1414

NL294DK

90

BE34

LU1915

IE24

Cross-border transfer of seat of SEs (2004-Q1 2017)


Red: out (from)Green: in (to)

129 (4%) of the total registered SEs have moved their seat. (Incl. transformed and deregistered SEs)

Data: European Company (SE) Database, http://ecdb.worker-participation.eu 31 March 2017

MT04

BG10

Employee involvement in SEs (n=2 757)

2624

6964

SEs with no involvement rights or unknown

SEs only withinformation andconsultation rights

SEs with information,consultation andparticipation rights


Employee involvement is the exception, not the rule in SEs.

“Information and consultation proceduresat transnational level should (…) beensured in all cases of creation of an SE”

SE Directive, recital 6


Nationality of workers’ representatives in SE boards


DE 142

AT 5DK 1

IT 1

RO 2BE 3

FR 7

NL 7

UK 6 CZ 2

HU 2

PL 4

US 1SE 2

PT 1CH 1

SK 1

other 46

Data: EWPCC http://www.worker-participation.eu (July 2016)

Nationality of workers’ representatives in SE boards (n66)

15

One country36% Two countries

20%

Three countries

14%Four

countries4%

n.d.26%

Data: European Company (SE) Database, http://ecdb.worker-participation.eu (July 2016)


SE Works Councils (n=129)


Former EWCs22%

New bodies78%

SEWC


Current state of SE founding 17

Worker involvement in ‘normal’ SEs

At least 132 currently established normal SEs have arrangements on information and consultation at transnational level.67 SEs have board-level representation (participation), registered in: ● Germany: ADAC, AL-KO KOBER, Allianz Global Corporate & Specialty, Allianz Managed Operations & Services, Allianz, AMEVIDA, ARAG Holding, ARAG, BASF, Bilfinger, BP Europa, Clariant, CompuGroup Medical, DEKRA, DNV GL, DVB Bank, E.ON, Fuchs Petrolub, GfK, Global PVQ, Hannover Rück, Hansgrohe, HDI Global, IMW Immobilien, KAESER KOMPRESSOREN, KNAUF INTERFER, KWS SAAT, Lenze, MAN Diesel & Turbo, MAN, Papierfabrik August Koehler, Pfeiffer & May, Porsche Automobil Holding, PUMA, Renolit, RKW, RWE Generation, SAP, SGL Carbon, SURTECO, tesa, TRIMET Aluminium, Uniper Global Commodities, Wacker Neuson, WAREMA Renkhoff, Webasto Roof & Components, Webasto, Webasto Thermo & Comfort, WILO, WITTENSTEIN, WM, Zalando, ZIEHL-ABEGG● Austria: STRABAG, Plansee● (Finland: Bayer Nordic)● France: Burgeap Igip Holding, Mutavie, Schneider Electric, SCOR (4 SEs), WENDEL● Cyprus: Prosafe● Hungary: Wamsler

© etui (2017) [email protected]

Data: European Company (SE) Database, http://ecdb.worker-participation.eu 31 March 2017

Planned SEs (total: 17)

Capgemeni SE new!

Deutsche Börse AGEiffage Infra-Bau GmbHHengst Holding SE new!

init innovation in traffic systems AG new!

INNOVATIV SEJacoby Verwaltung SE new!

Kentmere AG new!

KRONOSPAN HOLDINGS SE

Current state of SE founding 18 © etui (2017) [email protected]


MLP AG new!

PCM Rail One AGPORTMAN INSURANCE SE new!

RIB Software AGRIOCOBANA1000 ABRuNe SE new!

Süss MicroTec AG new!

TOM TAILOR Holding SE

About the ECDB (http://ecdb.worker-participation.eu)

● WHO COMPILES THE ECDB (European Company Database)?The ECDB is a service provided by the European Trade Union Institute, an international non-profit associationestablished under Belgian law. The ETUI is financially supported by the European Union. Since 2005, the ETUI hasregularly issued information on registered SEs. The information is compiled by the ETUI’s ‘ECDB team’ with thesupport of the SEEurope research network.

● WHY DOES THE ETUI COLLECT INFORMATION ON SEs?The SE legislation represents a milestone, not only in the field of EU Company Law, but also in the field of Europeanindustrial relations. The SE Directive contains provisions for a legally binding procedure of negotiations on employeeinformation, consultation and participation (at board level).Unfortunately, there is, as yet, no central registry of European Companies (SEs). For this reason, the informationavailable is very limited, especially with regard to employee involvement. The ETUI is seeking to fill this important gapwith its research on SEs. The SE Factsheets aim to provide information on the use of the SE Statute and to monitorimplementation of the SE Directive in the field of employee involvement.

● WHAT ARE THE SOURCES FOR THE ECDB?In the absence of a central European registry, the main sources for the European Company Database are nationalregistries, the Supplement to the Official Journal of the European Union (TED) and further research of ourown. According to Art. 14 I of the SE Regulation, the information provided on TED is limited and includes, forexample, no information at all about employee involvement. There is a considerable delay between an SE’sregistration and its appearance on TED. Moreover, while all SEs registered should appear on TED, this is not thecase. The ECDB therefore contains a much higher number of SEs than have been published in TED. For thesereasons, the ECDB team researches information mainly via national registries, internet enquiries and through the ETUISEEurope network which consists of researchers in, basically, all EEA member states. The specific sources areindicated in the last column of each company Factsheet (field ‘References’).

Current state of SE founding 19 © etui (2017) [email protected]

Contact

Further information:http://ecdb.worker-participation.eu

Contact: Anders [email protected]


Current state of SE founding 21

SE categories (as used by the SEEurope network)

‘Normal’ SE: A normal SE is an SE with operations andemployees (with more than 5 employees).

‘Micro / Empty’ SE: An empty/micro SE is an SE with operations but no orvery few (≤ 5) employees. Its business purpose canbe, for example, asset management.

454

383

‘UFO’ SE: An SE on which insufficient information is availablefor categorisation (the number of employees) isreferred to as a UFO SE. This group also containsso-called shelf SEs which were set up without anyoperations or employees.

1920(from CZ:

1631)

Total: 2 757

© etui (2017) [email protected]


General partner SE - SE & Co KG (n70+)

Artemed SEAURELIUS Management SEBertelsmann Management SEBIOTRONIK MT SEBischof + Klein Beteiligungs SEDACHSER SEEaton SEEngelhorn Management SE fischer group Verwaltungs SEFresenius Management SEGebr. Heinemann Verwaltungs SEGegenbauer Holding Verwaltung SEHengst Automotive SE K+G Beteiligungs SEKemmler SEKÖTTER Verwaltung I SEKÖTTER Verwaltung II SE


KÖTTER Verwaltung III SEKÖTTER Verwaltung IV SEmaxingvest management SE MS Holding Verwaltungs SEMULTIVAC Sepp Haggenmüller Verwaltungs SEMurjahn SEOBI Group Holding Management SEOlympus Europa Management SE REMONDIS Beteiligungs SERethmann Beteiligungs SERhenus Verwaltungs SESARIA Beteiligungs SESTO Management SE Verwaltungsgesellschaft der Chiron-Werke SEWIKA International SEWindmöller & Hölscher Verwaltungs SEZott Verwaltungs SE

No data regarding ICP with a few exceptions


SCE in the ECDB

Commission: 300 000 cooperatives83,5 Million members2,3 Million employees

No of SCE in the db ~50

Two new: EUROPÄISCHES ZENTRUM FÜR PRESSE- UNDMEDIENFREIHEIT, SCE DE

ÄGIVO eG DE


Czech SEs continue at a lower level


0

10

20

30

40

50

60

70

80

SE's in the Czech RepublicNumber of entities registered each month

Series1

A closer look at UK - Q1 2017

● The first registrationSCHERING-PLOUGH CLINICAL TRIALS SE000001 - Formed on 22 February 2005 Hertford Road, Hoddesdon, Hertfordshire, EN11 9BU

● The latest registration (ToS)VALTECH SE SE000106 - Formed on 25 November 2016 46 Colebrooke Row, London, N1 8AF

(2015: FR -> LU; 2016: LU -> UK,)



● Total no of registrations: 106● Active SE’s Q1 2017 42

SE type● Normal 14● Empty/Micro 26● UFO 2



Active

Deleted

Transformed

ToS OUT

106 REGISTRATIONS

ToS IN: 25



BG 1CY 1CZ 1DE 4DE 1ES 1FR 2IE 1LU 5NL 7NO 1


AT 2CZ 13DE 3LU 1MT 1Pl 2SE 1

ToS OUT (n23)

ToS IN (n25)

se companies - worker participation.eu · all se registrations per year(2004-2017) (n=2923)* 8 21...

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