Sevic Systems SE

Official homepage:

www.sevic.de

Branch:

Electronics

Status:

Established

Announced intention on1:

Ø

Official process initiated on2:

Ø

Registered on/in:

15-03-2007, Montabaur (Germany)

Seat before SE:

n/a

Seat of SE:

Montabaur (Germany)

Form of establishment:

Conversion

Companies concerned:

Sevic AG

Corporate governance structure before SE:

Two-tier3

Corporate governance structure of SE:

One-tier4

Total number of employees worldwide:

No employees

Countries of operation:

Ø

Countries concerned:

Ø

National trade unions involved:

No

European trade union federations involved:

No

EWC formerly existed:

No

Establishment of SNB:

Ø

Board-level employee representation before SE foundation:

No

Distribution of SNB seats:

Ø

Content of agreement:

Ø

Motives:

• Ø

Comments:

• Sevic GmbH first transformed into an AG and then into an SE

• After the AGM had approved transformation into an SE on 21-07-2006, the company was split up (operations were separated into Sevic Systems Deutschland GmbH) at an extraordinary AGM 23-08-2006

• Negotiations on employee involvement were planned

• The SE is currently acting as a holding without employees

Last update:

27.04.07

References:

• Supplement of the Official Journal 2007/S 73-088367

• Internal source