EFES NEWSLETTER - JANUARY 2019
Brussels - 6 February 2019 - 9:00 -12:00
Employee Share Ownership - The European Policy
share ownership for all" - this is the goal of the European
Policy for 30 years. Today we are 10 million employee
shareholders in Europe. However we would need to multiply
that number six-fold to be comparable with the USA.
A European Action Plan was requested by the European
Council in 2000, announced by the Commission in 2002,
prepared by a Pilot Project in 2014 , the need was reaffirmed
through the European Parliament's Resolution of 23 October
2018. It has now to be put in place.
We have a selection of 34 remarkable articles in 11 countries
in December 2018: Austria, Denmark, France, Ireland, India,
Italy, Jamaica, Morocco, Netherlands, United Kingdom, USA.
Austria: Employees' stake increased from 13.8 to 15%
for the 25.000 employee shareholders of voestalpine and 150
subsidiaries across Europe.
Denmark: New employee share plan for Ambu.
France: Amundi's Barometer confirms the strong dynamics
of employee share plans in large French companies in 2018.
The Winners of the 2018 "Grand Prix" of employee
share ownership were celebrated in Paris. New employee share
plans for Worldline, for AXA, for Air Caraibes, for Vinci.
Business transmission through workers' cooperatives in France.
Ireland: Employee ownership is a business model that
must be supported and championed for tomorrow's Irish economy.
India: Hospitality firm OYO launched liquidity program
for its employee share plan.
Italy: First employee buyout in the Mezzogiorno. Employee
share ownership for Alitalia.
Jamaica: Jamaica's economic development program should
have a long-term employee ownership program as a core component.
Morocco: Employee share ownership is growing in the
bank sector. Strong.
Netherlands: Employee share plan for Infi.
UK: New firms sold to Employee Ownership Trusts.
USA: Could expanding employee ownership be the next
big economic policy?
The full press review is available
political roadmap for employee ownership in Europe
EFES needs more members. Download the EFES membership form
new on the EFES website?