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EFES NEWSLETTER - NOVEMBER 2022
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The
great wave of collective employee ownership in SMEs
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The
employee owners of Oliver & Co. Solicitors
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The
wave of business transfers to employees has accelerated
since the beginning of the summer in Great Britain.
Each day that passes, a new SME is transferred to the
employees, most often at 100%.
In October, among others in our press review, the cases
of: JDDK Architects, Lyneal Group, Planit-IE, Linear
Recruitment, Intec Systems, Dent Instrumentation, Medstrom
Beds, Shedkm Architects, Oliver & Co. Solicitors
(see photo), Your Equipment Solutions, NE Components,
RJ Lifts Services.
Since the introduction of the “Employee Ownership
Trust”, the milestone of 1,000 new companies sold
and 75,000 new employee shareholders has been reached.
This will support the goal of having one million employee
shareholders in UK SMEs by 2030.
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Press
review
We
have a selection of 29 remarkable articles in 7 countries
in October 2022: Australia,
France, Italy, Poland, Romania, UK, USA.
Australia:
How employee shares can revitalise workers and firms.
France: Save Scopelec, the largest workers' cooperative
in France.
Italy: Industria Vetraria Valdarnese is one of the
main and very few remaining glassworks that still produce
in Italy.
Poland: Stock options plans have been growing in popularity
for a dozen years.
Romania: A first ESOP Guide for Romania.
UK: Every day a new SME is transferred to employees.
This month, among others, the cases of: JDDK Architects, Lyneal
Group, Planit-IE, Linear Recruitment, Intec Systems, Dent
Instrumentation, Medstrom Beds, Shedkm Architects, Oliver
& Co. Solicitors, Your Equipment Solutions, NE Components,
RJ Lifts Services.
USA: KKR 2021 Sustainability Report: Employee Ownership
at Work. Experts predict "the decade of employee ownership".
There are many forms of employee ownership.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2022/October.htm
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A
political roadmap for employee ownership in Europe
The
EFES needs more members. Download the EFES membership form
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