| THIS IS THE EFES NEWSLETTER
 
 Employee 
                      ownership was strongly growing in European companies during 
                      the last decade. 83% of all large companies have employee 
                      share plans now, compared to 40% ten years ago and only 
                      10% in 1986.
 
 In most cases, such plans are now designed for all employees 
                      rather than just for a small number. Ten million European 
                      employees hold shares in their company.
 
 This is much money for employees – over 200 billion Euro, 
                      over 20.000 Euro for each.
 
 Things are also changing about corporate governance: Employee 
                      ownership is now in a strategic, determining or controlling 
                      position in over 25% of all largest European companies.
 
 The European Federation of Employee Ownership (EFES) acts 
                      as the umbrella organization of employee owners, companies 
                      and all persons, trade unions, experts, researchers, institutions 
                      looking to promote employee ownership and participation 
                      in Europe.
 
 With the help of experts, lawyers and economists, the EFES 
                      is setting up a European centre for information, meeting, 
                      research, training, advice and representation about employee 
                      ownership and participation. It also organises many events and meetings in Europe.
 
 The 
                      EFES' monthly newsletter and press review are addressed 
                      to 200.000 people across Europe and abroad.
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                      to enlarge
  |  The 
                      EFES website 
 
  INSM-plattform 
                      on Mitarbeiterbeteiligung 
 
  Bundesministerium 
                      für Arbeit und Soziales - Portal für Mitarbeiterkapital-beteiligung, 
                      Broschüre, Modelle und Förrderwege 
 
  Plattform 
                      Mitarbeiterbeteiligung Österreich 
 
  A 
                      political roadmap for employee ownership in Europe 
 
  The EFES 
                      needs more members.  
                      Download the EFES membership form
  What's 
                      new on the EFES website?
  EFES 
                      NEWS distribution: 200.000 
 
 
 
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