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EFES NEWSLETTER - OCTOBER 2006

Come in Brussels for the celebration of the TOP 100 European employee ownership companies
On the menu of the Sixth European Meeting of Employee Ownership (Brussels 14-15 December 2006): Announcement of the TOP 100 for year 2006 and celebration of companies at the Brussels Stock Exchange Palace.
For the first time, a complete survey of employee ownership will be available, for all countries of the EU. A number of companies case studies from various countries. Unions' testimonies. Obstacles to employee share plans. Reactions of a panel of high political representatives. Many services providers in the field will be present. Click below for:
Whole information
Registration form
Programme and practical information
Reimbursement of your travel and accommodation expenses

Your company in the European TOP 100 ?
Which companies will be at the top of the TOP 100 for year 2006? Companies of the TOP 100 will be celebrated during a gala dinner in the Brussels Stock Exchange Palace on December 14 evening.
These companies will probably belong to the TOP 100

New reports about employee ownership in European countries
New reports were recently published about employee ownership in Austria, in France, and in Germany

Press Review   
Much new information about employee ownership in September 2006, with 1.507   articles in our press review (on which 280 about workers' co-operatives).
We made a selection of 50 remarkable articles in 15 countries: Austria, Australia, China, Germany, Spain, France, Ireland, Italy, Jamaica, Kenya, Mali, Malaysia, UK, US, South Africa.
The scandals about stock options got new developments in France and the US (561 articles). France developed a hot political debate about restraining or even forbidding  stock options in the future. Similar reactions appeared in other countries. Other information came from abroad. Much noise about nothing?
Austria: Following recent elections, things could be more open for new employee ownership developments.
China opens its doors: two of China's top four commercial banks, will initiate employee stock ownership plans in the near future.
France was the hottest place regarding employee ownership in September (354 articles in the press). The new legislation is now going to be voted by the Parliament. 
Germany
: Political parties of the big coalition are both working about employee ownership and the future of  German "Mitbestimmung" (co-decision).
Ireland:  Air company Aer Lingus is being privatised bringing wider place for employee ownership.
Jamaica: Digicel grants share options to all its 2.000 employees.
Mali: employee share ownership is developing in the telecoms.
USA: SAIC - one of the biggest employee-owned company in the world (43.000 workers) is going public. A remarkable article tells about trade unions in employee-owned companies: Why Can't We Just Get Along? 

The press review is available on:
              http://www.efesonline.org/PRESS REVIEW - September 2006.htm 

Your company can still be a partner of the TOP 100 ranking and the Sixth European Meeting of Employee Ownership

New platform for employee ownership in Austria: Plattform Mitarbeiterbeteiligung Österreich

EFES needs more members. What about you? You can help EFES and EFES can help you.
Click here to download EFES membership form

Soon published:
The European Employee Ownership Top 100
Click here for info

What's new on EFES website?

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   With best regards

 

Marc Mathieu
Secretary General
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
E-mail: efes@efesonline.org
Web site: www.efesonline.org
EFES' objective is to act as the umbrella organization of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote employee ownership and participation in Europe.

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