On the 2nd of October 2014, the Greek company Famar established a European Works Council (EWC) subject to Luxembourg legislation. The company has more than 3000 employees in 5 European countries (France, Greece, The Netherlands, Italy and Spain) and has been operational in the pharmaceutical and cosmetic industry since 1949 (manufacturing and distributing drugs for other industry multinationals). The establishment of a EWC aims to facilitate their expansion on the European market, which started in the 90s and has become a focus today due to the economic crisis in Greece, the company’s home market.
The Greek company neither has any physical offices nor any employees in Luxembourg, however the negotiators chose this country’s legislation as the holding company has its registered office there.
Consultation. Using the definition of the recast Directive, the agreement stipulates that the views and opinions of the employees’ representatives will be required at debriefings or within a reasonable timeframe – preferably within a week – specified by the board and the EWC members.
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