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EFES NEWSLETTER - DECEMBER 2022
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Multiplication
of political proposals on the left
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Proposals
for employee share ownership are multiplying in European
left parties.
In
Great Britain, the Labour Party has introduced a bill
that would reform employee share ownership schemes to
allow preferential access to low-income workers. The
proposal is in line with industry wishes to encourage
more democratic regimes, in particular the distribution
of free shares to employees.
Meanwhile
in France, the Socialist Party wants to make employee
share ownership compulsory in all French companies.
In
Slovenia, the new government also feels very inspired.
However Domel, the famous Slovenian employee-owned company
is calling for help against the intentions of Minister
Luka Mesec.
All the details in
the press review
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Press
review
We
have a selection of 34 remarkable articles in 7 countries
in November 2022: Belgium,
France, Morocco, Romania, Slovenia, UK, US.
Belgium:
Belgium sees only advantages in employee share ownership.
France: New employee share plans for Believe, for Renault,
for Alstom. A new workers' cooperative to save Scopelec, the
largest workers' cooperative in France? Bad blow for employee
shareholders at EDF. The Socialist Party wants to make employee
share ownership compulsory in all French companies.
Morocco: Growth of employee share ownership in Morocco.
Romania: Employee share plans are still a rarity in
Romania.
Slovenia: Call for help from Domel, the largest employee-owned
company in Slovenia against the threats of the new government.
UK: Labour Party proposal of a new employee share
ownership schemes bill, which would give low-income workers
preferential access to schemes. Every day a new SME is transferred
to employees. This month, among others, the cases of: Leader
Marketing Partnership, Inspired Cycle Engineering, Creed Communications,
Camargue, YesTax, Bisley, Peter Ambrose, Futureserv, Franklin
Ellis Architects, Bennett Oakley Solicitors, Dent Instrumentation,
Sledge, SWM Partners.
USA: Private Equity is this part of the investment
world that everybody loves to demonize.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2022/November.htm
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A
political roadmap for employee ownership in Europe
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