EUROPEAN COMPANY
October 1st, 2001
BY ALAN OSBORNSOME thirty years after the idea was first proposed, the creation of a European Company has become a reality. This new corporate entity will be authorised to operate throughout the 15 European Union countries under a single set of management, reporting and legal rules which will be binding throughout the EU.The European Union Council of Ministers, in Brussels, has now given the initiative its formal approval, along with a sister directive providing for comprehensive worker consultation rights in the new organisations, and both will come into effect ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.