The October 2013 edition of the ETUI’s SE News provides the latest data available from the European Company (SE) Database. As of 1 October, a total of 1,966 SEs were registered in 25 countries of the European Economic Area (EEA), an increase of 105 SEs in the past three months. During this period, at least six ‘normal’ companies (with employees and business activities) – four in Germany and two in France – have finished their conversion process and negotiations on employee involvement, among them the well-known rental car company Sixt.

(Non-) Notification of SE registrations in EU Official Journal

After collecting data on more than 2,000 SEs, registered between 2004 and 12 September 2013, we can now present reliable statistics on how many companies have not published the mandatory notice in the Supplement to the Official Journal of the European Union. According to our findings, 43 per cent of all registered SEs have not published a notice of registration. The data reveal that the notification procedure contained in the SE legislation has not passed the test of practice.