EFES NEWSLETTER
PRESS
REVIEW - MARCH 2006
Much
new information about employee ownership in March 2006,
with 1090 articles in this press review.
Which place and which role for employee ownership in the
framework of some major corporate takeovers in Europe? This
point continues to be hardly discussed in very similar circumstances
in Ireland, France and Austria.
So we have our employee ownership serials now !!
In Ireland, Eircom (telecom) could be taken over
by Australian Babcock & Brown. However, Eircom's employees
are the first shareholder with some 22% held through their
ESOP Trust. Their position will be a key-element of the
whole issue (29 articles).
In Austria, Amag (aluminium) could be sold. What
about the 20% shareholding of Amag's employees ? – still
hard discussions, even at political level (23 articles).
France held for two months hot discussions about
the takeovers of Arcelor by Mittal (steel) and the merger
of Gaz de France and Suez (energy); they add now Eiffage
(building), and Thales (defence) – Thales’ employee owners
association would like to buy Dassault’s participation.
Not so different in UK, see “UK plc up for sale”
(article nr 400).
Could employee ownership be developed to anchor industries
locally (nationally) – this is French Government's position,
hence new legislation favouring employee ownership (136
articles).
Other main themes in March: Angela Merkel's plan
for employee ownership in Germany. Also some new serials
in the USA: Trade unions are in favour of employee buyouts
of Hoover - the vacuum cleaners (18 articles) and of 12
newspapers of the Knight Ridder Group (95 articles).
Below our selection of 12 themes (in France, Ireland, Germany,
United Kingdom, Austria, USA, Zimbabwe, Morocco) and our
full press review. The full press review lists 1090 articles,
on which 339 in the USA, 265 in France, 97 in Argentina,
61 in Spain, 43 in Germany and 41 in Austria, 34 in Ireland,
32 in Brazil, 28 in UK, 24 in Canada, 22 in Italy, 18 in
India, 14 in South Africa, 12 in Australia, 8 in Venezuela,
7 in Colombia, 6 in Chile, 5 in Barbados, 4 in Ghana, 3
in New Zealand, 3 in Switzerland, 2 in The Netherlands,
2 in Zimbabwe, 2 in Japan, 2 in Jordan, 2 in Uruguay, 2
in Egypt, and 1 in Morocco, Turkey, Belgium, Peru, Cuba,
Sri Lanka, China, Trinidad and Tobago, Thailand, Jamaica
and Malaysia.
The press review is available
on:
http://www.efesonline.org/PRESS
REVIEW - March 2006.htm
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New European report, by Erik Poutsma and others:
"Changing Patterns of Employee Financial Participation
in Europe - A survey among listed firms in Six European
Member States"
Click here to download
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European Employee Ownership Top 100
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