Official homepage:

www.lyreco.sk

Branch:

Trade and distribution of office products/supplies

Status:

Established

Announced intention on1:

01-08-2005

Official process initiated on2:

01-08-2005

Registered on/in:

08-10-2005, Bratislava (Slovakia)

Seat before SE:

n/a

Seat of SE:

Bratislava (Slovakia)

Form of establishment:

Conversion

Companies concerned:

Lyreco network

Corporate governance structure before SE:

One-tier3

Corporate governance structure of SE:

One-tier3

Total number of employees worldwide:

30

Countries of operation:

Slovakia (30), Czech Republic (5 from 09/2006), Hungary (5 from 09/2006), Austria (9)

Countries concerned:

National trade unions involved:

No

European trade union federations involved:

No

EWC formerly existed:

n/a

Establishment of SNB:

SNB was formed properly

Board-level employee representation before SE foundation:

No

Distribution of SNB seats:

Ø

Content of agreement:

SNB has decided not to open negotiations on the involvement of employees in Lyreco CE, SE. Employees have information and consultation rights in accordance with legal provisions in the Member States in which Lyreco CE, SE shall have its employees.

Motives:

• Strategic reasons, part of its internationalisation strategy

• Creation of a strong European corporate identity

• Cost savings by merging its subsidiaries

• Europeanised involvement of employees

• Increase company’s global competitiveness

Comments:

• Slovakia and Austria are served from the Bratislava headquarters

• Part of Lyreco group with 10,000 employees in 26 countries (www.lyreco.com , www.officeproductsdepot.co.nz)

Last update:

04-09-2006

References:

• Company homepage

• Internal source

• Supplement of the Official Journal 2007/S 39-046883