Fesenius: the German group changed into a European Company

The Fresenius group (107.348 employees,) specialized in supplies and medical and pharmaceutical services, changed into a European Company. After the favourable vote from he shareholders' general assembly, on December 4, 2006, and the conclusion of an agreement on employees' involvement in the European Company (EC), Fresenius EC became a registered company on July 13, 2007. (Ref. 070657)
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The group, which employs 107.348 people in the entire world for a 10.8 billion euros’ turnover in 2006, is present in 22 European countries (53% of the turnover,) especially in Germany, with almost 30.000 employees, then in France (2.269,) Austria (2.301,) and Poland (2.040). After purchasing the Helios clinics, which brought manpower over the 20.000 employees’ bar – threshold from which the laws on joint management impose a 20-member surveillance council including 10 staff representatives...

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