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

Telljohann, Volker

Ħarsa ġenerali

Studju ta' każ

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

Ippubblikat: 13 March 2011

Volker Telljohann

Rappreżentanza tal-impjegati

Parteċipazzjoni fuq il-post tax-xogħol

Relazzjonijiet industrijali

Allianz SE is an integrated financial services provider with more than 150,000 employees. The company serves approximately 75 million customers in about 70 countries. Allianz SE operates and manages its activities primarily through four operating segments: property-casualty, life/health, asset management, and corporate and other. Allianz adopted the legal form of a European company (Societas Europea (SE)) by merging with its Italian subsidiary RAS. The process of integrating the two companies started in September 2005. On 13 October 2006, the Allianz-RAS merger was registered and Allianz became recognised as an SE under the 2001 Statute for a European company as set out in Council Regulation 2157/2001.

Jekk jogħġbok innota li l-biċċa l-kbira tal-pubblikazzjonijiet tal-Eurofound huma disponibbli esklussivament bl-Ingliż u bħalissa mhumiex qed jiġu tradotti awtomatikament.

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Numru ta' paġni

11

Nru ta' referenza

EF10784

Rapport ta' riċerka

8 March 2011

Employee involvement in companies under the European Company Statute

The European Company Statute (SE) is based on the Council Regulation on the Statute for a European Company (2157/2001/EC) and on the Directive supplementing the Statute for a European Company with regard to the involvement of employees (2001/86/EC). It is one of the most important pieces of company legislation published so far by the European Union. Adopted in 2001, it has since October 2004 made it possible for companies operating in more than one EU Member State to reorganise their cross-border business under a single European label. This enables them to work under the umbrella of a single legal framework, thereby reducing the internal costs of operating in several countries. Employee involvement, including participation rights at board level, is the focus of this research report.