SE Companies



Share your information with us to make us improve our service: Submit feedback



Abbreviations and Explanatory notes to the fields


 

Abbreviations


SE = Societas Europaea (European Company)
SNB = Special negotiating body (body set up to represent the employees of the participating companies during negotiations on employee involvement in the SE)
EWC = European Works Council (transnational employee information and consultation body), normally replaced by an SE Works Council
AOB = Any other business (miscellaneous information)


Explanatory notes on the fields


BLANK FIELDS in a factsheet indicate that either the information is unknown or the field is not applicable to this SE (for example, 'Headquarters before SE' for a newly set-up subsidiary SE). The data refer to the time of founding (if not indicated otherwise). As regards negotiations on worker involvement this represents the relevant period of time.

The data refers to the time of founding (if not indicated otherwise). As regards negotiations on worker involvement this represents the relevant phase.


Key information


Document number (TED)

This field indicates the official document number at TED (Tenders Electronic Daily), the online version of the Supplement to the Official Journal of the European Union.

According to Art. 14 SE Regulation notice of an SE's registration and of the deletion of such a registration shall be published for information in the Official Journal of the EU. This notice "shall state the name, number, date and place of registration of the SE, the date and place of publication and the title of publication, the registered office of the SE and its sector of activity."

National registration number

The national registration number of the company.

Previous names

Previous names of the company.

NACE codes

The classification is usually based on information from the company website.

NACE codes form a common basis for statistical classification of economic activities within the European Union. NACE stands for "Nomenclature générale des Activités économiques dans les Communautés européennes". More information can be found on the Eurostat page.

Business

Specification of company activities (usually based on information from the company website)

Status

Established: An SE which has been registered

Planned: An SE where the process of foundation has officially been started, for example where the participating companies have published the draft terms of their merger into an SE or the plan to set up a holding SE or the agreement on a plan to form a subsidiary SE or the agreement to transform into an SE.

Archive:
a) Deregistered: An SE which has been deregistered from the national register.
Note: In case of a transfer of seat the registration in the national register will be deleted (or removed, inactive and so on). Such SEs, however, do not appear in the ECDB's list of deregistered SEs as they continue to exist in another member state. In the ECDB, the factsheets of such SEs are updated with the information on the new registered office.
b) Transformed SEs: A (former established) SE which has been turned into a national company (for example, from an SE into a plc).

Registered office of the SE

The country and city where the registered office of the SE is situated. The registered office of an SE has to be located in the same member state as its head office.

Corporate governance structure

One-tier structure: Administrative board (board of directors)

Two-tier structure: Management board and supervisory board.

Countries & employees concerned

Countries and number of employees of companies participating in the establishment of an SE (including concerned subsidiaries and establishments).

The ECDB does not systematically monitor changes in employment of registered SEs over the years (where employee figures are updated, the numbers for several years are indicated in the field). Moreover, the estimation of SE employment figures is very difficult with the data available to the ECDB, for several reasons. First, the SE Regulation does not require the publication of employment data. Also in national registries, this information is usually not available (let alone up-to-date). Second, most SEs have been set up by way of a subsidiary and therefore had no employees at the moment of founding. For many, this is likely to have changed in the meantime.

In addition, for the purpose of employee involvement, the concept of concerned subsidiaries and their employees is relevant. For example, an SE (serving as a holding or as the mother company of a group) may formally have no or very few employees. But in the context of the SE Directive the employees of concerned subsidiaries or establishments (which are to become a subsidiary or establishment of the SE upon its formation, but keep their original legal form) also have to be taken into consideration. This information, however, is usually available where access to an SE agreement on employee involvement exists. In many cases, it is not possible to clearly identify from the outside which subsidiaries 'belong' to an SE and should be counted in the calculation of the employees concerned by establishment of the SE. It is likely that a number of employee-free SEs have been registered by national registries without any negotiations on employee involvement, although there had been employees in one or more concerned subsidiaries. The situation is particularly problematic for Czech SEs where the large majority of SEs started as shelf companies with no employees and were afterwards sold. What happens in the company after activation usually remains unknown. It should once again be pointed out how problematic this is for safeguarding worker involvement rights.

Information and consultation rights

Information on whether an agreement or arrangement on information and consultation of employees has been concluded.

Participation rights

Information on whether an agreement or arrangement on participation (employee representation at board level) has been concluded.

Total number of employees worldwide

The total number of employees worldwide.

Official homepage

Link to the homepage of the company.

Transfer of seat

Information on whether an SE has transferred its seat to another member state.


SE founding


Form of establishment

Conversion: A public limited-liability company can convert into an SE if it has had a subsidiary in another member state for 2 years.

Merger: Public limited-liability companies from two member states can form an SE by merger. The merger can take the form of either an acquisition or the creation of a new company.

Holding: Public and private limited-liability companies from two member states can form a Holding.

Subsidiary: Any legal entities governed by public or private law from two member states (or an SE itself) can form a subsidiary SE.

Note: Established SEs can also set up subsidiaries in the form of an SE. In this case no-cross border requirement exists.

Corporate governance structure before SE

One-tier structure: Administrative board (board of directors).

Two-tier structure: Management board and supervisory board.

Participating companies

The companies directly participating in the establishing of an SE.

Countries of operation

List of countries in which the company operates.

Registered on/in

The date and place where the SE was first registered.

Registered office before SE

Registered office before the SE was set up.

Motives

Motives provided by the company (for example, in press releases) for setting up an SE.


Negotiations and agreement on worker involvement


EWC formerly existed

Information on whether a European Works Council has existed before.

Participation before SE foundation

Information on whether the any of the participating companies previously had participation rights at board level.

SNB set-up

Information on whether a special negotiating body has been set up.

Outcome of negotiations

Information about the outcome of the negotiations:

  • Negotiations not opened / aborted or
  • Application of standard rules or
  • Agreement on employee involvement

Content of agreement

Information on the content of the agreement / arrangement on employee involvement in the SE.

SE representative body

Information on whether a representative body (SE Works Council) has been set up or, for example, only an information and consultation procedure.


AOB


Comments

Further information on the SE

Sources

Sources from which information has been taken (links may no longer function and/or information may have been removed in the meantime).

Last updated

The date on which information on a company factsheet was last updated (this does not mean that all fields have been updated).