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EFES NEWSLETTER - DECEMBER 2022

 Multiplication of political proposals on the left

Proposals for employee share ownership are multiplying in European left parties.

In Great Britain, the Labour Party has introduced a bill that would reform employee share ownership schemes to allow preferential access to low-income workers. The proposal is in line with industry wishes to encourage more democratic regimes, in particular the distribution of free shares to employees.

Meanwhile in France, the Socialist Party wants to make employee share ownership compulsory in all French companies.

In Slovenia, the new government also feels very inspired. However Domel, the famous Slovenian employee-owned company is calling for help against the intentions of Minister Luka Mesec.

All the details in the press review

Press review
We have a selection of 34 remarkable articles in 7 countries in November 2022: Belgium, France, Morocco, Romania, Slovenia, UK, US.
Belgium: Belgium sees only advantages in employee share ownership.
France: New employee share plans for Believe, for Renault, for Alstom. A new workers' cooperative to save Scopelec, the largest workers' cooperative in France? Bad blow for employee shareholders at EDF. The Socialist Party wants to make employee share ownership compulsory in all French companies.
Morocco: Growth of employee share ownership in Morocco.
Romania: Employee share plans are still a rarity in Romania.
Slovenia: Call for help from Domel, the largest employee-owned company in Slovenia against the threats of the new government.
UK: Labour Party proposal of a new employee share ownership schemes bill, which would give low-income workers preferential access to schemes. Every day a new SME is transferred to employees. This month, among others, the cases of: Leader Marketing Partnership, Inspired Cycle Engineering, Creed Communications, Camargue, YesTax, Bisley, Peter Ambrose, Futureserv, Franklin Ellis Architects, Bennett Oakley Solicitors, Dent Instrumentation, Sledge, SWM Partners.
USA: Private Equity is this part of the investment world that everybody loves to demonize.

The full press review is available on:
              http://www.efesonline.org/PRESS REVIEW/2022/November.htm 

 


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   With best regards

 

 
 

Marc Mathieu
Secretary General
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
Avenue Voltaire 135, B-1030 Brussels
Tel: +32 (0)2 242 64 30 - Fax: +32 (0)2 791 96 00
E-mail: efes@efesonline.org
Web site: www.efesonline.org
EFES' objective is to act as the umbrella organization of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote employee share ownership and participation in Europe.