Official homepage:

www.pcc.de

Branch:

Chemicals and energy

Status:

Established

Announced intention on1:

Ø

Official process initiated on2:

Ø

Registered on/in:

05-02-2007, Duisburg (Germany)

Seat before SE:

Ø

Seat of SE:

Duisburg (Germany)

Form of establishment:

Conversion

Companies concerned:

Ø

Corporate governance structure before SE:

Two-tier3

Corporate governance structure of SE:

One-tier4

Total number of employees worldwide:

29

Countries of operation:

17 countries

Countries concerned:

Czech Republic (33), Finland (3), Germany (136), Latvia, Poland (3,581) and Slovakia (3) (in total 3,756 employees are affected)

National trade unions involved:

Ø

European trade union federations involved:

Ø

EWC formerly existed:

Ø

Establishment of SNB:

Yes

Board-level employee representation before SE foundation:

Ø

Distribution of SNB seats:

15 members: 10 Poland, 1 each Czech Republic, Finland, Germany, Latvia and Slovakia

Content of agreement:

- Negotiations took place on 16-11-2006 in Wroclaw (Poland) with the Polish and German SNB members present; the other 4 SNB members did not participate in the meeting

- Information and consultation rights were agreed

Motives:

- Conforms with the European identity of the company, its employees and its clients (more than 50% of consolidated turnover is generated outside Germany)

- Improvement of social and cultural position in Europe and beyond

Comments:

Ø

Last update:

08-06-2007

References:

• PCC SE (2007) PCC goes European – PCC AG becomes PCC SE. Press release from February 2007. Available from: http://www.pcc.de/ttw/pcc.nsf/id/EN_PCC_goes_European?OpenDocument&ccm=050010&l=EN [Accessed 08-06-2007]

• Company homepage

• Supplement of the Official Journal 2007/S 51-062395