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The European Employee Ownership TOP 100 in 2006

  Rankings 2006
The European Employee Ownership TOP 100 is designed with respect to two rankings of Europe's largest companies, considering employee ownership.
EUROCAP100: Companies are ranked by equity held by employees, in millions Euro. Ranking Europe's largest companies that are partly or totally employee-owned through an ESOP, share purchase plan, or other share ownership plans, or as a workers' co-operative.
Click here for the EUROCAP100 ranking 2006
EUROEMP100: Companies are ranked by number of employees. Ranking Europe's largest companies that are 50% or more employee-owned through an ESOP, share purchase plan, or other share ownership plans, or as a workers' co-operative. Click here for the EUROEMP100 ranking 2006

  Analysis
In 2006, The Top 100 European companies represent 105 billions Euro held by employees, meaning a 3.02% average of companies' capitalisation; for 8.401.799 employees, this is 12.496 € held by employee in average. Among these Top 100 companies, 32 are French, 26 British, 10 German, 8 Italian, 5 Swiss, 3 Dutch, 3 Irish, 3 Spanish, 2 Austrian, 2 Finnish, 2 Belgian, 2 Swedish, 1 Polish, and 1 from Luxembourg.
The Top 10 companies are: UBS, Total, Novartis, Mondragon, Deutsche Bank, Société Générale, BNP Paribas, Crédit Agricole, AXA, Bouygues. 6 French, 2 Swiss, 1 Spanish, 1 German. Their employees hold 6,16% of their capitalisation, which means 43.357 Euro by employee, in average.
Our analysis was based upon facts and figures gathered by screening the 1.000 widest listed or non-listed European companies. These 1.000 widest companies employ 30 millions employees, corresponding to one-fourth of the whole European population if we consider 4 persons per family as an average.
From our researches we can conclude that 89.9% of all biggest European companies have employee share ownership (on the other hand, 80% of all biggest European companies have share options). 1.72% of the capitalisation is held by employees, that is to say 158 billions Euro held by employees, with an average of 5.300 Euro per employee. France (3,69%) and Ireland (2,80%) are clearly at the top.
Of course in many widest companies, employee share ownership just embryonic or insignificant; however, employee share ownership is to be considered as "significant" in 35.4% of the largest European groups. In 17.7% of all European widest companies, employee share ownership goes up to 3% of the capital and in 6.4% of all European widest companies, the share held by employees is to be considered as strategic, decisive or controlling.
The share of capital held by employees showing a significant or controlling position or having strategic position is certainly the clue of these crossing researches. It is also the utmost ratio enabling to evaluate the development of employee share ownership in biggest companies across various European countries. Employee share ownership is significant in 61% of all largest companies in Ireland, 55% in UK, 53% in Finland and 51% in France. Within the 25-35% range, just below the average rate, we find a set of countries like Norway, Germany, Switzerland, Austria and Denmark. Belgium is much below, with only 18%, close to Italy (20%), The Czech republic (17%) and Spain (15%). 89,9% of European widest companies have employee share ownership (while 80% have share options).

Click here for a short analysis of the Top 100 in 2006   Click here for the full PowerPoint presentation

  Full database
The European Employee Ownership Top 100 rankings are just the tip of the iceberg. As the rankings have been based on the screening of the 2.000 biggest capitalisations among European listed companies (all capitalisations of 200 millions Euro or more) and the 200 biggest non-listed ones. The full database will be soon made available. Send us a message for more information

  Sixth European Meeting of Employee Ownership
Rankings 2006 have been first published during the Sixth European Meeting of Employee Ownership on 14-16 December 2006 in Brussels. Click here for all presentations of the conference

  Partnership
The European Employee Ownership Top 100 will be yearly updated and published. We are still looking for partners and sponsors for this project.
Send us a message for more information.

 

 

 

For information and contact
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
Avenue Voltaire 135, B-1030 Brussels
Tel/fax: +32 (0)2 242 64 30
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 ownership and participation in Europe.