Since the adoption of the European company, modelled for the trans-national corporations of a certain size, the European Commission has wanted to develop a European social form for SMEs. To help the Commission, the European Parliament has just adopted an own-initiative report which states a certain number of recommendations. Like for trans-national corporations, this statute should maintain the existing rights to representation. (Ref. 070104)
In its own-initiative report adopted on February 1st , Euro MPs make the following recommendation: “whereas the relevant acquis communautaire providing for cross-border information, consultation and participation rights of employees as well as safeguarding pre-existing employee participation rights (Directives 94/45/EC and 2005/56/EC) should be fully preserved, and whereas consequently the conversion of a company with employee co-determination, information and consultation rights into an EPC sh
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